The government has released US$60 million this Friday towards the immediate procuring of fuel as the situation remains precarious in the face of the unavailability of the precious commodity which has been in short supply in the past few days.
The unavailability of fuel has seen the emergence of unscrupulous and illegal fuel dealers who are now charging $15 for five litres of petrol and $12 for five litres of diesel.
Whenever there is a shortage of basic commodities, rent seeking behaviour amongst Zimbabweans becomes rampant and motorists are calling on government to prioritise availability of fuel and other critical commodities in order to eliminate such vices for the betterment of Zimbabwe.
Time is money they say but a great deal of productive time is being lost as people are currently spending hours in fuel queues.
According to the Deputy Minister of Information, Publicity and Broadcasting Services Cde Energy Mutodi, government has released some funds towards alleviating the current crisis which, however, will require constant monitoring as the US$60 million released will only last three weeks given the country’s US$$20 million per week fuel requirement.
Meanwhile, the recently gazetted increase in excise duty of both petrol and diesel, 6.5 cents and 7 cents respectively, is expected to come into effect on the first of December (tomorrow) which will culminate in marginal increases of the precious commodity.