Source: Govt reads riot act to fuel dealers – NewsDay Zimbabwe
BY XOLISANI NCUBE
Government yesterday read the riot act to fuel dealers fond of increasing the price of the commodity without authority, amid indications that talks to review the prices were underway.
Addressing journalists at a post-Cabinet briefing, Information minister Monica Mutsvangwa said Energy minister Fortune Chasi had summoned fuel dealers for an emergency meeting following social media reports that the price of petrol and diesel had shot to nearly ZWL$8 from ZWL$4,97 and ZWL$4,87, respectively.
“The minister indicated that the country’s fuel supply situation is beginning to stabilise. He also informed Cabinet that it had come to his notice that some fuel service stations were now selling fuel in US dollars and some had increased the price to as high as ZWL$7 per litre. He met them soon after Cabinet and warned them to desist, forthwith, from illegal and unacceptable practices,” Mutsvangwa said.
Chasi, who was in attendance at the media briefing, said it was illegal for dealers to sell fuel in hard currency without consultation and at a time most people’s earnings were in RTGS dollars.
Early on, Finance permanent secretary George Guvamatanga had indicated that talks for a review of fuel price were underway, but Chasi refused to comment on that, saying any decision to change the price would be done after consultations.
The newly re-assigned Minister in the President’s Office in charge of monitoring and implementation of government projects, Joram Gumbo, presented to Cabinet policy guidelines on the Zimbabwe devolution and decentralisation programme.
The programme, according to Gumbo, outlines the objective of devolution as well as how central government was to cede some of its powers to provincial and metropolitan councils as required by the Constitution of Zimbabwe.
The policy sets mechanisms to empower communities to manage their own resources and further own development.
COMMENTS
Reads the riot act – what buffoons these ZANUPF people are – to solve the problem just simply supply more fuel and the market will correct itself. You can’t legislate market prices for anything – even Ian Smith’s govt had to go through baby steps to learn this lesson. Sadly most of the RF govt of the day never quite understood markets either !
Government single-handedly created the black market for everything in Zim. They should be reading the riot act to themselves. They’ve created all these shortages through asinine and imbecilic policies, combined with unprecedented thievery within the top floors of the Jongwe building.