Fuel Crunch Brings Zimbabwe Road Transport To A Grinding Halt

Zimbabwe’s national road transport system has ground to a halt as the National Oil Company of Zimbabwe, commonly known as NOCZIM, which was recently given a monopoly in the fuel sector, has shown itself unable to supply the nation.

Trade Minister Obert Mpofu two weeks ago declared that NOCZIM alone had the right to import gasoline and diesel fuel. But Reserve Bank Governor Gideon Gono and the business community have appealed to Harare to repeal the decree banning private-sector purchases in hard currency, warning this could finish off the economy.

VoiceofAmerica