Breaking News

Charging of fuel in US dollars riles motorists, who owns ZUVA?

by Staff reporter
19 June 2019 | 3526 Views
Motorists here have expressed concern over service stations which are charging for fuel in US dollars only despite a directive from Government that they should accept all forms of payment.

A survey carried showed that Flo Petroleum and Zuva had pegged their product at US$1,20 per litre with the former refusing payments in RTGS dollars as an alternative.

Zuva however still has fuel priced in local currency although it is not readily available like that which is sold in forex. Motorists interviewed by this reporter said they could not afford to buy fuel in forex which was forcing them to park their cars in favour of public transport.

"These service stations are refusing payment in EcoCash or swipe, they are only accepting US dollars.

''I cannot afford that because I do not earn in foreign currency. I would rather use public transport because the money I am forced to fork out in US dollars to fill my tank is too much," said Mr John Muunga from Chikanga.

Another motorist, Ms Jane Sithole said the prices were becoming too high when using the black market rate since they were not accessing US dollars at the interbank rates.

"If I am to buy this fuel, I will need to change my money on the black market and the rates are just ridiculous.

''The fuel becomes more expensive at the end of the day and I simply cannot afford it," she said.

Fuel attendants who spoke on condition of anonymity said the pegging of fuel in US dollar was a way of cushioning themselves from the import bill.

"We are using foreign currency to bring in the fuel so we find it difficult to use RTGS when pegging our prices.

''I cannot say much but the economic situation is forcing us to do this," said an attendant at Flo petroleum.

Zuva Petrol US

Source: the herald


Latest News

Trump focuses on Mnangagwa

by ZimLive | 22 July 2019 | 5 Views

Zimbabwe: It is time to panic, a little

by Eddie Cross | 22 July 2019 | 3 Views

'No fix to illegal forex trade'

by Staff reporter | 22 July 2019 | 1 Views

Corrupt passport officials warned

by Staff reporter | 22 July 2019 | 1 Views

ICT experts propose changes to Cyber Bill - Information Communication ...

by Stafff reporter | 22 July 2019 | 1 Views


Pure Black set to take Africa by storm

by Mandla Ndlovu | 04 July 2019 | 897 Views

'Cook Off' movie set for UK premiere

by Agencies | 02 July 2019 | 676 Views

Zimbabwean rapper teams up with top selling American singer

by Staff Reporter | 17 June 2019 | 1088 Views

WATCH: Penny Penny song insults Malema

by Mandla Ndlovu | 14 June 2019 | 10762 Views

Mixed feelings over Harare artistes at Econet gig - Econet Wireless' Z...

by Staff reporter | 11 June 2019 | 1129 Views

Low turnout at Sulu's birthday bash

by Simbarashe Sithole | 08 June 2019 | 2660 Views

Ivy Kombo drops 14th album - CELEBRATED United Kingdom-based Zimbabwea...

by Staff reporter | 06 June 2019 | 450 Views

The latest slots online in 2019

by Staff writer | 05 June 2019 | 829 Views

Hp Omen 15-5116tx – The Next Generation Gaming Laptop

the hp omen 15-5116tx is being targeted at the performance hungry gamers. it comes in a single variant boasting an eye-catching attractive design. the notebook offers a slim, lightweight chassis and appears like a piece of art than an actual gaming... Read More
Sergey 11 June 2015 ago

Apple Watch Teardown Reveals Unique Hardware And Replaceable Parts

The apple watch may not be fine jewelry, but bill detwiler cracks it open and shows you why he thinks it's a fine piece of tech. the apple watch may be beautiful on the outside, but how about on the inside? in this cracking open installment, we go in... Read More
Sergey 11 June 2015 ago