The 42 companies ZACC has asked to account for fuel imports


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The Zimbabwe Anti-Corruption Commission has asked 42 companies to account for the fuel imports from January 2018 to December last year and has given them up to 24 January to produce the necessary documentation.

The country is facing a fuel crisis which started when it launched its Transitional Stabilisation Programme which among other things saw the re-introduction of a local currency.

The currency was at par with the United States dollar in October 2018, went to down to 2.5 to one in February 2019 but now stands officially at 17 to 1.

It is however trading at anything up to 25 to one on the black market.

Fuel, which was selling for under $1.50 in 2018 now sells for $19.55.

Below are the companies ZACC has listed.

  1. Global Oil
  2. Com Oil Petrol
  3. Victoria Falls Truck
  4. Unique Jay
  5. Nansane (Rosmitrick)
  6. Bankable Resources
  7. Silver Air
  8. Timkase Investments
  9. Dexfueld Pvt Ltd
  10. Chilota Mine
  11. Mann Aggregates
  12. Matriflex Oils
  13. Bresville Investments
  14. Fastlane Petroleum
  15. Couderay Oil
  16. Outrech Comm
  17. Plulixey Petroleum
  18. Bantu Africa Mining
  19. Valley Field Holdings
  20. Takunda Fuel Services
  21. Musa Petroleum
  22. Einstein Energy
  23. Kinsey Mining
  24. Emirates Valley
  25. Afrifor
  26. Megabest
  27. Nelich Investments
  28. BOL Supplies
  29. Traderose Investments
  30. Coalvart Enterprises
  31. Kit Kat Enterprises
  32. Skybuild Construction
  33. Elkrus Pvt Limited
  34. Getmack Fuels
  35. Falika Pvt Ltd
  36. Bustque
  37. Talebrant Investments
  38. Peritus
  39. Downtown Fuel
  40. Valbazen Enterprises
  41. Quick Gases and
  42. Roomi Truckshop.

(113 VIEWS)

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The Insider

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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