Government has with immediate effect slashed pump price for fuel following the recent reduction of excise duty, a move likely to result in a decline in prices of basic goods, as high production cost structures were being partly attributed to high fuel prices. The price cut means
Petroleum traders have painted a gloomy picture on the fuel retail sector crying foul over impracticable business operations and regulatory challenges. Fuel traders have called for the intervention of the Zimbabwe Energy Regulation Authority (ZERA) to sanitise the industry marred by bogus dealers, unlicensed traders, price
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