Nationwide fuel shortages have been ongoing over the past week due to importers' inability to secure foreign currency amid a long-running currency crisis. As of November 26, long queues have been reported at gas stations across the capital Harare, and the majority of gas stations in the city of Bulawayo have run out of fuel. A related increase in transportation prices is likely. Associated protests cannot be ruled out.
The country has been experiencing a deteriorating economic situation for more than a year, due in part to a lack of liquidity. As of November 2018, inflation rates continue to accelerate as the government prints "bond notes" in response to cash shortages linked to foreign currency shortages. The government had hoped that the July elections would lead to increased and much-needed foreign investment, but this has not materialized.
Individuals present in Zimbabwe are advised to fill up vehicle tanks whenever gasoline is available, ensure a sufficient level of fuel reserves before embarking on long journeys, and postpone nonessential travel until the situation stabilizes. It is also advisable to be vigilant at gas stations, where confrontations between drivers are possible. Furthermore, individuals are advised to closely monitor developments to the situation and avoid any associated protests due to the risk of violence. Those planning travel to the country are advised to bring a sufficient reserve of US dollars.
Copyright and Disclaimer