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Zimbabwe company fined for unauthorised LP Gas imports

by Staff reporter
16 hrs ago | 225 Views
Harare Magistrates' Court has slapped independent gas supplier Pride Kings Energy with a US$3,000 fine, or the Zimbabwean dollar equivalent, after finding the company guilty of importing liquid petroleum (LP) gas from South Africa without authorisation from the Reserve Bank of Zimbabwe.

Between January and July 2025, Pride Kings Energy imported petroleum gas and other hydrocarbons worth US$178,754.75 through an authorised dealer but failed to obtain the necessary approval from the central bank, the court noted.

The court ordered that the fine must be settled by the end of March 2026. Failure to comply could result in the State seizing the company's property to recover the amount.

The ruling underscores the authorities' commitment to ensuring that all fuel imports comply with regulatory requirements, particularly amid ongoing efforts to stabilise Zimbabwe's energy sector.

Source - Pindula
More on: #Fine, #Gas, #Impprt
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