Watch: Mthuli Ncube Justifies High Fuel Prices In Zimbabwe
Tinashe Sambiri— Speaking at a media briefing in Harare on Tuesday, Finance Minister Mthuli Ncube sought to justify Zimbabwe’s persistently high fuel prices, a move that has frustrated motorists and businesses across the country.
Ncube claimed that the government is attempting to contain fuel prices through tax adjustments and levies. “Government is containing fuel prices through tax adjustments and levies, with further fine‑tuning underway,” he said, though critics argue that such measures have done little to relieve the burden on consumers.
He also suggested that increasing ethanol blending from E5 to E20 could help lower costs, while warning that ensuring adequate supply in the coming months remains a challenge.
“Increasing ethanol blending from E5 to E20 could lower costs, while ensuring adequate supply over the coming months remains a priority,” Minister Ncube added.
Many Zimbabweans, however, remain unconvinced, saying the government’s interventions are insufficient to address skyrocketing fuel costs that continue to strain transport, agriculture, and daily living expenses.
Observers note that the proposed measures appear more like temporary fixes than solutions to a worsening fuel crisis
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