City
Epaper

Zimbabwe bans sale of unblended gasoline to save foreign currency for imports

By IANS | Updated: August 31, 2024 19:25 IST

Harare, Aug 31 The Zimbabwean government on Friday banned the sale of gasoline that has not been blended ...

Open in App

Harare, Aug 31 The Zimbabwean government on Friday banned the sale of gasoline that has not been blended with ethanol in an effort to further save foreign currency needed to import the fuel.

A notice issued by the government said the new regulations would come into operation seven days from the date of publication, adding that the decision was arrived at after Minister of Energy and Power Development Edgar Moyo consulted the Zimbabwe Energy Regulatory Authority on the issue.

Zimbabwe introduced mandatory blending of gasoline in 2011 in a bid to reduce the amount of foreign currency required to import the fuel and to create a bigger market for sugarcane farmers and generate employment, Xinhua news agency reported.

However, some service stations continued selling unblended gasoline and describing it as unleaded to cater to vehicles that run exclusively on the product and other motorists who prefer it to the blended one.

Some motor vehicles are marked on the fuel tank inlets that they should only use unleaded gasoline.

--IANS

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

AurangabadAdmission process for M Arch commenced

CricketIndia vice-captain Rishabh Pant topples several milestones, including Dhoni's decade-long record

InternationalPakistan: Systemic failures, delayed response led to Swat River tragedy, says probe

CricketENG vs IND, 3rd Test: KL Rahul Scores His 10th Test Century; Becomes Second Indian with Multiple Tons at Lord’s (Watch Video)

BusinessIndia Poised to Become Global Air Cargo Hub - ACFI & ASCELA Insights Chart Roadmap for 2030 in its Knowledge Paper

International Realted Stories

InternationalThousands of Afghans face deportation as US court rejects delay in ending TPS protections

InternationalIndia sent a message with Op Sindoor, change in its strategic doctrine will change entire region: Warfare expert John Spencer

InternationalDevotees express joy and reverence as Dalai Lama departs for Ladakh

InternationalKC Venugopal urges PM Modi's immediate intervention in Kerala nurse Nimisha Priya's execution in Yemen

InternationalFighter jet deal with U.S. allies signals regional resistance to China's South China Sea expansion