RBZ explains fuel shortages

THE current fuel shortages in Zimbabwe are due to temporary lags in the banking system and working capital constraints faced by petroleum dealers, central bank governor John Mangudya has said. The former CBZ Holdings chief executive told Parliament’s energy portfolio committee that the central bank had provided ample foreign currency for fuel imports since January…

Subscribe to read full article. Subscribe today

Related posts

Business applauds easing of ZiG reins

Trade wars weigh on global economy: IMF

Concerns over poor town planning