Energy regulator threatens to withdraw fuel licences

Zimbabwe Energy Regulatory Authority (Zera) has threatened to withdraw operating licences and prosecute errant fuel providers violating stipulated blending rules this year.

Gloria Magombo, Zera's chief executive said while the number of licensed players significantly improved last year, there have been increased cases of law violations.

"There are five players whom I am not at liberty to disclose who have repeatedly adulterated fuel blending rules. We shall start withdrawing licences and make sure they get jail time," she said.

While dealers have been prosecuted, the fine ranges from $150 to $500, way less than what these crooks make as they fleece Zimbabweans, so next year, we will be revoking licences so that players understand the gravity of the matter, she said at a recently held breakfast meeting.

Magombo highlighted that the offenders were prime targets for withdrawal of licences and litigation, saying failure to adhere to relevant Acts and Statutory Instruments is a crime.

As a country, all we are saying is it would be unfair on the consumer if we keep fining these offenders such ridiculous amounts.

They will keep on committing the same offences, so we are taking it up a notch, she said.