Fuel Prices Go Haywire in Bulawayo, Gwanda

ZIMBABWE – Fuel prices in Bulawayo and surrounding areas have gone haywire. Petrol is selling for anything between $150 000 and $160 000 per litre in Bulawayo, while in Gwanda it goes for $220 000 per litre.

It is not clear why the price has suddenly shot up because the towns are very close to the major sources, South Africa and Botswana. Bulawayo is only 120 km from Botswana.

The prices rocketed soon after central bank governor Gideon Gono’s monetary policy statement last week indicating that people were probably taking advantage of the situation to raise prices after realising that government had no solution to the nearly year-long crisis.

The price of petrol is still officially pegged at $22 800 per litre, a price which Gono said was unrealistic.

Financial Gazette (Harare)