Text Only
Search

 
Fuel Crunch Brings Zimbabwe Road Transport To A Grinding Halt


08 August 2007
Interview With John Robertson audio clip
Listen to Interview With John Robertson audio clip
Interview With Safari Njema audio clip
Listen to Interview With Safari Njema audio clip

Zimbabwe's national road transport system has ground to a halt as the National Oil Company of Zimbabwe, commonly known as NOCZIM, which was recently given a monopoly in the fuel sector, has shown itself unable to supply the nation.

Trade Minister Obert Mpofu two weeks ago declared that NOCZIM alone had the right to import gasoline and diesel fuel. But Reserve Bank Governor Gideon Gono and the business community have appealed to Harare to repeal the decree banning private-sector purchases in hard currency, warning this could finish off the economy.

But official sources said Mpofu remained adamant NOCZIM must retain a fuel import monopoly. Sources in the sector said that when the government assigned NOCZIM a monopoly it had 3 million liters in stock compared with 10 million in the private sector, reflecting the relative capacity of the state monopoly and the free market.

Before their exclusion, private sector operators were able to tap hard currency from the large Zimbabwean diaspora through various Internet-based coupon schemes whereas NOCZIM’s own efforts to establish such a system failed.

Zimbabwe has known fuel shortages before, but with its poor record of payment few offshore suppliers will do business with the state except on a cash-up-front basis.

Appeals by President Robert Mugabe to to friendly energy-producing countries such as Libya and Equatorial Guinea have yielded little in the way of energy supplies.

Harare economist John Robertson told reporter Blessing Zulu of VOA's Studio 7 for Zimbabwe that the current fuel crisis could last quite a long time.

Among many other Zimbabweans stranded by the transport crisis was VOA reporter Safari Njema, who described his three-day effort to get from Gweru to Harare.

More reports from VOA's Studio 7 for Zimbabwe...

emailme.gif E-mail This Article
printerfriendly.gif Print Version

  Top Story
French President, Barack Obama Meet in Paris

  More Stories
Lawyers for Karadzic to Appeal Extradition to The Hague
US Expands Sanctions Against 'Illegitimate' Zimbabwe Government  Audio Clip Available
Rice Urges Pakistan to Clamp Down on Militants Along Border  Audio Clip Available
US Warns Iran Time Running Out for Nuclear Deal  Audio Clip Available
Serial Explosions Hit Southern Indian City  Audio Clip Available
Cyprus' Rival Leaders Agree to Start Historic Reunification Talks  Audio Clip Available
North Korean Silence Creates Gaps in Tourist Killing Probe  Audio Clip Available
Indian Government Expected to Revive Economic Reform After Confidence Vote  Audio Clip Available
Scientists Solve Mystery of Brilliant Northern, Southern Lights  Audio Clip Available