Poor planning by the Zimbabwe government has resulted in the country facing dwindling fuel supplies.
For the past two weeks there have been long, winding queues countrywide. The most affected are motorists with petrol-driven engines.
At a queue that stretched for a kilometre in Bulawayo’s central business district, Charles Moyo told TimesLIVE on Wednesday morning that he had spent the greater part of his night waiting for fuel.
Black market dealers have resurfaced. However, their fuel is only sold in hard currencies.
“We smuggle it from Botswana because there is less red tape compared to Beitbridge. We only take dollars, pulas and rands. For a litre of petrol we charge R20,” said a dealer. In SA petrol costs around R15 per litre.
In an interview on Tuesday night with private radio station ZiFM, finance minister Professor Mthuli Ncube said the reason behind the current shortage was because government failed to raise foreign currency on time.
“We are aware of the hitches in the fuel supply on the market and this has to do with timing in terms of payments and supply of the commodity,” he said.
Government sources said there was less than a week’s supply of fuel and signs of the acute shortage were already showing with some big service stations in Harare going for days without the precious liquid.
Ncube said the last quarter of the year is the lowest period of forex earning for the country as such things are bound to be tight. “This last quarter of the year, every year is the time for forex shortage in the normal cycle of foreign currency earnings for the country,” he said.
Zimbabwe gobbles between 120 million and 140 million litres of fuel a month and requires a monthly allocation of $100m (R1.38bn).