Government remains committed to solving fuel and electricity shortages through engaging the Reserve Bank of Zimbabwe (RBZ) on long-term financial mechanisms, Energy and Power Development Minister Fortune Chasi has said.
Speaking at the Zimbabwe Energy Regulatory Authority’s ISO Quality Management Standard Certification celebrations in Harare, Minister Chasi said the financial mechanisms had already been formulated and were awaiting implementation.
“The Government remains committed to eradicate fuel queues and is working on long-term financing mechanisms with the RBZ which will see the supply gaps being eliminated over time.
“We are working closely with the power utility to ensure that there is increased power generation from different sources other than Kariba Power Station.
“As a new minister, I expect to see results and strategies that resolve some of the challenges and proposals to restructure the sector for a better performance.
“We are not an oil-producing country not by choice but by geographical location yet we need fuel to run our transport system,” he said.
Speaking at Kariba North Power Station on Thursday, Minister Chasi said they were also exploring electricity trade-offs with Mozambique.State media
