Zimbabwe: Government lines up sale of Petrotrade stake


Issue 443 - 22 Jul 2021 | 2 minute read

Zimbabwe is preparing to sell a stake in the state-owned fuel marketing and distribution company Petrotrade in the next few months, African Energy understands. Petrotrade – which has the mandate to market and distribute petroleum products, including diesel, gasoline, lubricants and liquid petroleum gas – is seeking a strategic partner to inject fresh capital into the business in order to improve operational capacity and enable it to expand its footprint.

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