Forex challenges still disrupting fuel supply in Malawi


Malawi Energy Regulatory Authority (MERA) says lack of forex remains the cause of the fuel crisis the country is facing.

MERA said this in a statement yesterday as the fuel crisis in Malawi continues to worsen, with motorists spending nights at service stations in order to access fuel.

According to MERA, loading of fuel for Malawi has stopped at the ports in Beira and Dar es Salaam because Malawi has no forex to pay for its fuel.

The authority added that Government is  currently working with importers to stabilize the fuel supply situation.

“The country’s main fuel importers have established letters of credit and the fuel supply situation will gradually improve in the next few days,” MERA said.

The fuel crisis has been going on for months in Malawi and was once blamed on a music show headlined by Nigerian superstar Kizz Daniel.

Later, Chakwera admitted that lack of forex in Malawi in the main cause of the crisis.

Since Monday this week, fuel shortage has worsened in the country with motorists spending hours at filling stations in a bid to get the commodity.

Other motorists have been buying fuel on the black market at about K4000 per litre, double the recommended retail price.

The fuel crisis has led to an increase transport charges and in prices of some goods.

Yesterday, Chakwera was jeered as his motorcade was passing by a filling station where there was a long line of cars waiting for fuel.

Speaking at State House at an event last night, Chakwera said he gained insights from hearing Malawians vocalize their frustrations.

Chakwera said listening to the voices of citizens going through such hardships is a useful reminder to him that it is the people whose interest he is in office to serve and whose problems his Government was elected to serve.

Meanwhile, Chakwera has left for Egypt to day to attend the United Nations climate change conference.

 

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