Economic analysts have commended the latest fuel price hike by the Zimbabwe Energy and Regulatory Authority (ZERA).
Zimbabwe National Chamber of Commerce (ZNCC) CEO, Christopher Mugaga believes that it was not going to be sustainable for the economy if the government had continued to subsidise fuel. He said:
I think the move by Zera is applaudable in the sense that government was now heavily subsidizing the commodity which would be unsustainable for the economy.
