Zimbabwe president doubles price of gas as fuel crisis bites


Zimbabwe’s president has more than doubled the worth of gasoline, hoping the rise will finish extreme shortages which are fueling public anger as he departs on a overseas journey to Russia and different nations looking for funding.

In a press conference Saturday night time, President Emmerson Mnangagwa stated the increase within the state-managed worth of gasoline ought to ease the shortages that have gripped the nation in current weeks. Mnangagwa left Zimbabwe Sunday on a visit that may conclude together with his attendance on the World Economic Forum assembly in Davos, Switzerland.

Zimbabwe’s fuel shortages spotlight that this southern African country is battling its worst financial crisis in a decade resulting from a severe dearth of overseas foreign money.





Source link