Zimbabwe: The second week of anger over the fuel crisis – Minister of Finance calls for patience



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The supply crisis in Zimbabwe continued this week. The residents were outraged by the fact that they were losing productive hours in long queues amidst anger, with some outlets selling only coupons from companies that would have paid for it. ;advanced.

Ministers recently said the country had enough stocks for the next 18 months, but the Reserve Bank of Zimbabwe (RBZ) did not release the necessary currency to pay suppliers.

Unhappy motorists in Harare complained on Tuesday during interviews with NewZimbabwe.com of wasting time in long queues at some service stations offering only the product sold to those sold with prepaid coupons.

"The problem here is that the government wants people to buy products using forex and yet they are paying bank note wages." It's not fair, "Rukozhu said.

"I'm really disappointed with what we're going through right now, so what are we doing I can not afford to buy fuel in advance." I do not win much and I'm not sure. where can i get the forex. "

Another motorist, Ropafadzo Mapimhidze, added: "It's really frustrating because we can not even take care of our daily chores, if it's not driving from a gas station to another in search of fuel. "

Asked about the crisis at weekly press meetings after Cabinet meetings, Finance Minister Mthuli Ncube called for patience.

"We are aware of the problems in the fuel supply market and this is largely due to the synchronization between payments and the product offer," he said.

"The problem should be solved in a few days, we have to be patient, and I am happy to say that enough steps have been taken for credit payments and that there are some logistical problems before the delivery of fuel."

"This last quarter of the year is every year in the period in terms of shortage of foreign exchange in the normal cycle of foreign exchange earnings for the country, because the demand for foreign currency is always higher.

"However, we are on the verge of raising enough currency for fuel."

In October, the government announced that it was negotiating with Sakunda for a contract of one billion liters of fuel, which would have allowed to increase inventories until the end of the year. April 2020, the payment terms are now settled.

Sakunda Holdings is a 51/49% joint venture between local business magnate Kudakwashe Tagwireyi and Singapore-based Trafigura International.

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