IN a major climbdown, Zimbabwean authorities, initially jittery to force petroleum dealers to accept the new ZiG currency, have announced motorists can now buy petrol and diesel using the money.
According to the Zimbabwe Energy Regulatory Authority , a litre of diesel will fetch ZiG22.24 while petrol will be charged at ZiG21.15 per litre.
"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." RBZ Governor John Mushayavanhu had earlier said the currency, which is yet to be widely accessible in the market, will not be forced on any business as the country is using a basket of currencies that include the much-preferred United States dollar.
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