Difference between revisions of "Fuel Prices Zimbabwe"

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{{Fuel Price Factsheet
 
{{Fuel Price Factsheet
 
|Fuel Price Country=Zimbabwe
 
|Fuel Price Country=Zimbabwe
 
|Fuel Currency=USD
 
|Fuel Currency=USD
|Fuel Price Exchange Rate Date=
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|Fuel Price Graph Annotation=New currencies installed in 2006, 2008 and 2009 due to immense inflation! US$ is used for fuels since 2008.
|Fuel Price Last Updated=
 
|Fuel Price Composition Date=
 
 
|Fuel Price Composition Annotation=An internet article (→Annex A2) states, that, as of July 2009, the following taxes and duties are imposed on fuels:
 
|Fuel Price Composition Annotation=An internet article (→Annex A2) states, that, as of July 2009, the following taxes and duties are imposed on fuels:
 
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*Excise Tax/VAT (60%)
Excise Tax/VAT (60%)
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*Zinara road levies
Zinara road levies
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*Noczim debt redemption levy
Noczim debt redemption levy
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*Carbon tax
Carbon tax
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*NOCZIM strategic reserves tax
NOCZIM strategic reserves tax
 
  
 
No official information could be found.
 
No official information could be found.
Line 23: Line 21:
  
 
According to several internet articles, Zimbabwe faced fuel shortages in early 2011, due to fiscal problems with NOCZIM.
 
According to several internet articles, Zimbabwe faced fuel shortages in early 2011, due to fiscal problems with NOCZIM.
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|Fuel Matrix Pricing Mechanism=3
 
|Fuel Matrix Price Level=3
 
|Fuel Matrix Price Level=3
|Fuel Matrix Pricing Mechanism=3
 
 
|Fuel Matrix Annotation=Only general, but no detailed information could be found online.
 
|Fuel Matrix Annotation=Only general, but no detailed information could be found online.
 
|Fuel Transparency Price Composition=1
 
|Fuel Transparency Price Composition=1
 
|Fuel Transparency Pricing Mechanism=1
 
|Fuel Transparency Pricing Mechanism=1
}}
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}} {{Fuel Price Factsheet Source
{{Fuel Price Factsheet Source
 
 
|Fuel Price Factsheet Source Type=Other Information
 
|Fuel Price Factsheet Source Type=Other Information
 
|Fuel Price Factsheet Source Link=http://www.energy.gov.zw/index.php?option=com_content&view=article&id=46&Itemid=53
 
|Fuel Price Factsheet Source Link=http://www.energy.gov.zw/index.php?option=com_content&view=article&id=46&Itemid=53
}}
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}} {{Fuel Price Factsheet Source
{{Fuel Price Factsheet Source
 
 
|Fuel Price Factsheet Source Type=Other Information
 
|Fuel Price Factsheet Source Type=Other Information
 
|Fuel Price Factsheet Source Link=http://www.energy.gov.zw/index.php?option=com_content&view=article&id=96&Itemid=132
 
|Fuel Price Factsheet Source Link=http://www.energy.gov.zw/index.php?option=com_content&view=article&id=96&Itemid=132
}}
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}} {{Fuel Price Factsheet Source
{{Fuel Price Factsheet Source
 
 
|Fuel Price Factsheet Source Type=Other Information
 
|Fuel Price Factsheet Source Type=Other Information
 
|Fuel Price Factsheet Source Link=http://www.noczim.co.zw/
 
|Fuel Price Factsheet Source Link=http://www.noczim.co.zw/
 
|Fuel Price Factsheet Source Annotation=Offline as of April 2011
 
|Fuel Price Factsheet Source Annotation=Offline as of April 2011
 
}}
 
}}
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[[Category:Zimbabwe]]

Latest revision as of 14:35, 5 September 2013

Part of: GIZ International Fuel Price database
Also see: Zimbabwe Energy Situation

Fuel Pricing Policies

Local Currency: USD
Exchange Rate:


Last Update:

The Ministry of Energy and Power Development includes a Petroleum Department, which supervises the downstream sector of liquid fuels. The downstream sector is partially privatized and liberalized in Zimbabwe. The state owned „National Oil Company of Zimbabwe“ (NOCZIM) has a quasi-monopolistic position (→A2).

The ministries website gives only general information about the sector. There were plans in 2010 to separate NOCZIM into two companies. The NOCZIM website appears to be offline.

Since 2008, fuel prices are given in US$, as the local currency (Zimbabwe Dollar) faces immense inflations.

The National Procurement Committee (NPC) is responsible for fuel imports and publishes recommended pump prices (→A3). However, an internet website of NPC could not be found.

According to several internet articles, Zimbabwe faced fuel shortages in early 2011, due to fiscal problems with NOCZIM.

Fuel Prices and Trends

Gasoline 95 Octane Diesel
in USD*

* benchmark lines: green=US price; grey=price in Spain; red=price of Crude Oil



New currencies installed in 2006, 2008 and 2009 due to immense inflation! US$ is used for fuels since 2008.

Fuel Price Composition

Price composition.



An internet article (→Annex A2) states, that, as of July 2009, the following taxes and duties are imposed on fuels:

  • Excise Tax/VAT (60%)
  • Zinara road levies
  • Noczim debt redemption levy
  • Carbon tax
  • NOCZIM strategic reserves tax

No official information could be found.



At a Glance

Regulation-Price-Matrix
Transparency of
Price Composition
Transparency of Pricing
Mechanism / Monitoring
IFPDB matrix background.png
IFPDB matrix point.png
IFPDB trafficlight red.png IFPDB trafficlight explanation.png IFPDB trafficlight red.png


Only general, but no detailed information could be found online.


Sources to the Public

Type of Information Web-Link / Source
Other Information http://www.noczim.co.zw/ (Offline as of April 2011)
Other Information http://www.energy.gov.zw/index.php?option=com_content&view=article&id=46&Itemid=53
Other Information http://www.energy.gov.zw/index.php?option=com_content&view=article&id=96&Itemid=132


Contact

Please find more information on GIZ International Fuel Price Database and http://www.giz.de/fuelprices

This is a living document. If you have any comments or suggestions, please feel free to contact us: Armin.Wagner@giz.de

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