Zimbabwe transport operators hike fares

Zimbabwe transport operators hike fares

• Zimbabwe uses loan to buy fuel

• Zimbabwe threatens fuel dealers

• Zimbabwe fuel price shoots up 1 300%

• RBZ reforms scuttled as fuel price up 50%

• New Zimbabwe law to licence fuel dealers

• Zim fuel price up 100%

• Zim trades mineral resources for foreign loans

• Zanu PF busted ove fuel haul

• RBZ cancels fuel coupons system

• South Africa orders freeze on Zim fuel exports

• Zimbabwe cop faked death to get fuel

• Zimbabwe to phase out leaded petrol

• Zimbabwe bans 'oil trees' exports

• Zim must embark on scientific revolution

• Isaac Nyambiya: a case for environmentally benign fuels

• Zim plants 'oil trees' to ease fuel crisis

By Staff Reporter

ZIMBABWEANS have been hit by a spate of price increases after a month-long ease -- a result of policy restrictions imposed by the country's central bank.

Commuter omnibus operators on Monday increased transport fares in urban areas by 50 percent, up from $200 to $300.

The increase came just hours after the government agreed to officially increase the price of bread from $210 to nearly $300 weeks after arresting bakers for overcharging.

A pint of beer recently shot up from $250 to $300 while a 300ml of Coca Cola went up from $250 to $300.

Transport companies say the new fare increase was triggered by rising gas prices.

Zimbabwe requires $40-million a month to meet its fuel demands, but the government has been struggling to secure a regular supply to meet national demand, allowing a fuel black market to thrive.

JOIN THE DEBATE ON THIS ARTICLE ON THE NEWZIMBABWE.COM FORUMS
newsdesk@newzimbabwe.com