The Sunday News
Judith Phiri, Business Reporter
THE Zimbabwe National Road Administration (Zinara) has reviewed tollgate fees in local currency by more than 73 percent with effect from tomorrow.
The review comes after the Zimbabwe Energy Regulatory Authority (Zera) also announced petrol ethanol blending from 10 to 15 percent, while fuel prices have also gone up. In a notice yesterday, Zinara said the review of local currency rates were in line with the shift in the auction exchange rates. Light motor vehicles will now pay $520 up from $300, minibuses $780 up from $450, buses $1 040, heavy vehicles $1 300 and heavy haulage trucks $2 600. Toll fees in foreign currency remain unchanged.
All foreign registered vehicles are required to pay toll fees in foreign currency.
“In terms of Section 4 of Statutory Instrument 32 of 2021, toll fees are pegged in foreign currency are payable in ZWL at the prevailing foreign currency auction rate. Pursuant to that, we would like to advise our valued customers that with effect from Monday 23 May 2022, the following toll fees will apply,” said Zinara in a statement.
Zinara spokesperson Mr Tendai Mugabe is on record stating that adjustments are going to enable them to adequately fund road authorities.
Meanwhile, Zera has increased ethanol blending from 10 to 15 percent, while fuel prices have also been reviewed.
According to the latest fuel price review, Diesel 50 is now selling for $499,56 per litre up from $283,87 that was announced on 6 May 2022, while (blend-E15) rose to $481,02 from $271,85 per litre. In United States dollars, the Diesel 50 price rose to US$1,74 up from US$1,71 per litre, while petrol (blend-E15) went up to US$1,68 from US$1,64.
“The public and operators are advised that the blending ratio is now at E15. Operators may sell the petroleum products below the prescribed prices depending on their trading advantages and should display prices in a prominent place as provided for by the fuel pricing regulations,” said Zera in a statement.