Zimbabwe: High Court Blocks Big Eight Fuel Monopoly

The 2020 licensing of fuel-import companies has taken a dramatic twist after the High Court declared null and void the Zimbabwe Energy and Regulatory Authority (Zera)'s decision last month to licence eight big firms.

This was after indigenous players filed an urgent application challenging the issuance of the licences.On May 5, Zera communicated a list of top eight licenced fuel companies to the Zimbabwe Revenue Authority (Zimra), muscling out indigenous players in the process.

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