Home
About
Contact
Register
Login
Generate
WhatsApp Message
*'Authorising The Sale Of Fuel In Forex In Discriminatory'* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?uf Captains of industry have slammed the decision by the government to authorise some fuel dealers to sell fuel in foreign currency at selected fuel service stations. Confederation of Zimbabwe Industries (CZI) immediate-past president Sifelani Jabangwe said allowing some fuel dealers to sell fuel in hard currency is discriminatory. Said Jabangwe: ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > Yes, Government has allowed those with free funds to import fuel and sell it in forex, but this should be a temporary measure. > There should be no segregation in accessing fuel. Those who import using their money want to recoup their expenses and they will continue selling in hard currency. Jabangwe added that the selling of fuel in foreign currency would lead to redollarisation, which Zimbabwe is not ready to adopt. Last week Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya said the Central Bank has given the Zimbabwe Energy Regulatory Authority (ZERA) approval to register fuel service stations with free funds for direct imports to be sold in foreign currency. *More: The Herald* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
Copy to clipboard
Feedback