Categories: Stories

Zimbabwe fuel suppliers dribbling the public-Mthuli Ncube

*HON. SEN. KOMICHI: Thank you Mr. President. We talked of petrol and diesel.  After having said this, you have taken too long to solve the problem with these fuel companies and other companies have joined in to do the same practice, such as the company that sell the LP gas.  You know the LP gas now is very important, it is being used by ordinary people.  Now, people can no longer afford to buy this gas using the Zimbabwean dollars because the companies are saying they want to sell in US dollars.  Have you put these companies under your list of investigation?

HON. PROF. M. NCUBE: Thank you Mr. President.  Hon. SEn. Komichi has raised a very important issue and I wholly agree with his observation, that again there are some shenanigans coming out of the gas companies as well.  Very similar to the fuel companies, we have put them definitely on our watch and investigation list.  Again, we want to close that loophole where they access money from the auction in US dollars but then end up selling in US dollars when they should give the public relief and selling in Zimbabwean dollars.  They are certainly on our investigation list.  I thank you.

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This post was last modified on November 12, 2021 5:05 pm

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Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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