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ZERA urges fuel traders to renew licences in time

December 6, 2024
0
ZERA reviews fuel prices upwards

The Zimbabwe Energy Regulatory Authority (ZERA) has issued a reminder to fuel traders whose trade licenses are set to expire at the end of the year to begin the renewal process for next year. ZERA has urged applicants to strictly adhere to submission guidelines to ensure a smooth renewal process.

In a statement, Wholesale applicants urged to demonstrate approved capacity, provide proof of project funding, and meet specific collaboration criteria.

“To qualify for collaboration with the Authority, applicants must demonstrate either a minimum importation of 10 million litres of combined product in 2024 or any year from 2021 to 2023, or provide evidence of ownership of at least three retail sites through title deeds,” ZERA stated.

Additionally, applicants must manage at least three retail sites through leasing agreements under their name.

This also applies to new entrants planning to join the sector in 2025. Wholesale fuel licences cost US$9,200, urban retail licences are priced at US$500, and rural retail licences require a fee of US$200. For ethanol production and blending, the licence fee is US$200.

Tags: fuel traderstrade licensesZERA

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