Zimbabwe allows mines, others to import own fuel as shortages bite
SEE ALSO :Zimbabwe to compensate white ex-farmersThe world’s top two platinum producers Anglo American Platinum and Impala Platinum Holdings are some of the big mining companies operating in Zimbabwe, which will be able to buy their own fuel. Zimbabwe’s central bank provides between $80 and $100 million a month in scarce dollars to fuel companies to import the commodity. By allowing companies to buy their own fuel, the government expects to ease pressure on demand for dollars. Long queues that resurfaced last week after a brief lull continued on Tuesday and Mutsvangwa said the government had been forced to take 8 million litres of diesel from the country’s strategic reserve to supply the market. Despite previous promises by the central bank and energy minister to end the fuel shortages, Zimbabwean motorists have got used to queuing for hours for the scarce resource.
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