Zim fuel prices soar as govt scraps subsidies

PUBLISHED: Wed, 22 May 2019 11:14:56 GMT

Zimbabwe may face the risk of protest action as the country’s central bank said that it would no longer provide fuel dealers with funding for petrol and diesel; this will leave Zimbabwe with one of the highest petrol prices in Sub-Saharan Africa. Ranga Mtungwazi, Director at MHMK Capital joins CNBC Africa for more.