Zimbabwe Plans New Measures to Stabilise Fuel Supply and Prices
The Government is finalising a new package of measures aimed at ensuring consistent fuel availability while keeping prices in check, as authorities respond to mounting global supply pressures.
Finance, Economic Development and Investment Promotion Minister, Mthuli Ncube, said the focus has now shifted beyond simply controlling prices to guaranteeing that fuel remains readily accessible across the country.
Also Read: Govt To Raise Ethanol Blending From E5 To E20 To Cut Fuel Prices: Mthuli Ncube
Tax Adjustments to Ease Pressure
According to The Herald, the Cabinet recently approved a review of selected fuel-related taxes as part of a broader strategy to cushion consumers from rising costs.
The adjustments are expected to be temporary and targeted, designed to reduce inflationary pressure linked to fuel price increases.
Officials say the Government has already begun revising levies under an ongoing price containment programme, with further refinements expected to be announced soon.
Ethanol Blending Strategy Under Consideration
Authorities are also exploring an increase in ethanol blending levels in petrol from E5 to E20. If implemented, the move could lower fuel prices by approximately US$0.18 per litre.
The proposal forms part of a wider effort to leverage local resources and reduce dependence on imported fuel, while offering relief to motorists and businesses facing rising operational costs.
Supply Security Takes Centre Stage
While price stability remains important, the Government says ensuring uninterrupted fuel supply has become the top priority.
Minister Ncube emphasised that authorities are in continuous engagement with fuel suppliers to maintain adequate stock levels and prevent shortages that could disrupt economic activity.
Global Crisis Driving Local Challenges
Zimbabwe’s fuel concerns are unfolding against a backdrop of global supply disruptions triggered by tensions in the Middle East. The ongoing Iran–Israel conflict has strained international oil supply chains, affecting multiple countries.
Across Africa, the impact is already being felt. In Mauritius, dwindling fuel reserves have prompted energy-saving measures, while Juba is grappling with electricity rationing due to supply shortages.
Meanwhile, South Africa is facing sharp fuel price increases, with authorities warning against price gouging as costs continue to climb.
Rising Prices Highlight Urgency
Locally, petrol prices have recently risen to around US$2.17 per litre, adding pressure on households and businesses already dealing with a high cost of living.
The Government’s planned interventions are therefore aimed at striking a balance between affordability and supply security, ensuring that Zimbabwe remains insulated, as much as possible, from global energy shocks.
Balancing Affordability and Availability
As the situation evolves, authorities say a combination of tax adjustments, blending strategies, and close coordination with suppliers will be key to maintaining stability in the fuel sector.
With further announcements expected soon, the Government hopes the measures will provide both immediate relief and longer-term resilience in the face of ongoing global uncertainty.
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