Zimbabwe Government has reduced excise duty on fuel imports, in a move aimed at reducing overall production costs in the country. Petrol prices in Zimbabwe which are ranging between $1,40 and $1,56 per litre while diesel costs between $1,30 and $1,33 per litre, are expected to drop following the move which comes into effect today.
Zimbabwe shipped US$2.8 billion worth of goods around the globe in 2016, up by 24.8% since 2009 when the Great Recession kicked in and up by 4.7% from 2015 to 2016. Top 10 Zimbabwe exports accounted for 92.4% of the overall value of its global shipments. Based on statistics from the Central Intelligence Agency’s World