Zimbabwe reverse second fuel hike
from Podcast2 Hosted by Channel Africa
In a bid to avert an imminent public outcry and unrest in Zimbabwe, on Tuesday the government intervened and reversed the second fuel price increase in a month. Prices for petrol and diesel were increased by 46% in the local RTGS dollar currency to 4.97 Dollars and $4,87 respectively and on Tuesday this week another sharp increase of up to RTGS $7.97 Dollars and RTGS 7.88 were effected. This attracted panic and mayhem in major cities as commuters got stranded after transport fares were simultaneously increased but government sensed danger and reversed the price increase.
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