Another bad news: Finance Minister Mthuli Ncube increases toll gate fees (SEE NEW FEES)

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Finance and Economic Development Minister, Mthuli Ncube has announced an upward review of toll gate fees with immediate effect. The new tollgate fees are as follows:

Light Motor Vehicles from $2 to $10

Minibuses from $3 to $15

Buses from $4 to $20

Heavy Vehicles from $5 to $25

Haulage Trucks from $10 t0 $50

Meanwhile, government has also increased electricity tariffs. Below are the new tariffs:

  • The electricity tariff for Non-Exporting businesses be increased from an average of ZWL9.86c/kWh to an average of ZLW44c/kWh (approximately USc5/kWh);
  • The electricity tariff for domestic consumers be increased from an average of ZWL9.86c/kWh to an average of ZWL27c/kWh (approximately USc3/kWh), which is subsidised;
  • The electricity tariff for Agriculture consumers be increased from an average of ZWL9.86c/kWh to an average of ZWL27c/kWh (approximately USc3/kWh), which is subsidised;
  • Maintain the tariff for ferrochrome smelters and other miners to be maintained at US$0.0986/kWh, respectively, and ensure that the resources are ring-fenced in a Special Account solely for purposes of importing electricity.
  • ZESA to be allowed to bill all other exporters and foreign currency earners in foreign currency and ensure that the resources are ring-fenced in a Special Account solely for purposes of importing electricity.

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