Glut of fuel during ZITF - Zimbabwe Situation

Glut of fuel during ZITF

Source: Glut of fuel during ZITF | Daily News

THE Zimbabwe International Trade Fair (ZITF) is now known for bringing good news to the second city.

In previous editions, the authorities would go out of their way to ensure that the city’s roads and signage are fixed to avoid embarrassing themselves in the eyes of regional and international visitors. Residents would also benefit from uninterrupted electricity and water supplies.

While these traditional benefits are now part of the package, there is so much more for this year’s ZITF. This time around, the cosmetics include price corrections for hotels and lodges that had pegged their rates at extortionate levels in a bid to capitalise on the premier exhibition.

ZITF officials also told the Daily News yesterday that arrangements were being made to cushion visitors from the fuel and cash shortages blighting the country’s economy during the five days of the showcase. “As for fuel, we are trying our best. We have already engaged the ministry of Industry and the ministry of Energy for them to prioritise Bulawayo during the period of ZITF,” said the trade fair’s acting general manager, Nicholas Ndebele.

“They have, however, written to us indicating that they are going to increase the supplies. Over and above (that) we have engaged Petrotrade who have also assured us that they will commit their Nguboyenja garage. They have pledged 10 000 litres specifically for our exhibitors,” added Ndebele.

Petrotrade is a wholly-owned government company whose responsibility is to market and distribute petroleum products that include diesel, petrol, paraffin and Jet A1. It is a successor company to the former National Oil Company of Zimbabwe.

Ndebele said ZITF is also going out of its way to separately engage private players in a bid to ease pressure on the fuel supply situation.
“We continue to engage private players to help us. We have also asked the Provincial Affairs minister Judith Ncube to help ensure that we deal with the situation effectively,” he added.

Efforts to get a comment from Industry minister Mangaliso Ndlovu and Energy minister Joram Gumbo were fruitless yesterday.

Gumbo recently told the media that fuel was in abundance at the country’s bonded storage facilities in Mabvuku and Msasa.

He said the onus was on the Reserve Bank of Zimbabwe to raise adequate foreign currency for the procurement of the commodity.

Notwithstanding current efforts by ZITF to ease the fuel situation in Bulawayo, it is still being feared that the shortages may put a damper on this year’s edition of the showcase. Observers opine that unless exhibitors put in place contingent measures to deal with the cash and fuel shortages, these twin economic challenges might make life tough for thousands of visitors who are set to descend on the second city in less than a fortnight.

The country’s largest trade showcase is set to take place between April 23 and 27 under the theme, “Propagating Industrial Growth through Trade and Investment”. About 90 percent of available space has already been snapped up by exhibitors ahead of the premier showcase.

Twelve foreign nations have so far confirmed their participation namely Botswana, Ethiopia, Japan, Kenya, Malawi, Mozambique, Namibia, Nigeria, South Africa, United Arab Emirates, United States and Zambia. A survey by the Daily News yesterday showed that most garages had no fuel while those that had the product were characterised by long, winding queues for both diesel and petrol.

For the few garages that sell fuel in foreign currency, some didn’t have the product while others had it in abundance.

COMMENTS

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    ace mukadota 2 weeks ago

    Glut of fuel for ZITF – but there is NO fuel at most garages in Byo – what is the author of this article attempting to prove ?
    Either there is fuel or there is NOT – it is not rocket science or goat farming comrades !