JUST IN: Energy Minister Advocate Fortune Chasi speaks on fuel price increase reports

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The government says it is unacceptable to sell fuel at prices as high as RTGS$7 per litre.

In a post Cabinet briefing in Harare today, the Minister of Energy and Power Development Advocate Fortune Chasi warned players in the sector that this behaviour is not acceptable, adding that the Zimbabwe Energy Regulatory Authority (ZERA) will be out in full force enforcing the law.

“It is unacceptable for fuel players to insist on US dollar payments only. That is not compliant with their licences. Remedial action will be taken,” he said.

Minister Chasi’s warning follows reports circulating on social media on fuel price increases which have since been refuted by ZERA.

Meanwhile, the Permanent Secretary for the Ministry of Finance and Economic Development, Mr George Guvamatanga has concurred with ZERA that government has not increased the price of fuel.

He added that while a review of prices was done, the decision is that the current prices should be maintained.

— ZBC


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