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Dual Pricing At Tollgates Imminent

3Β years agoThu, 28 Jan 2021 07:05:44 GMT
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Dual Pricing At Tollgates Imminent

The Zimbabwe National Road Administration (ZINARA) said that it will soon introduce dual pricing at its tollgates scattered across the country.

This follows an announcement by Finance and Economic Development Minister Mthuli Ncube that toll fees will be payable in both United States dollars and Zimbabwe dollars from 2021 going forward. ZINARA said in a statement:

Following the announcement in the 2021 National Budget by Finance Minister Professor Mthuli that toll fees can now be collected in foreign currency, ZINARA will soon introduce dual pricing at Tollgates.

While presenting the 2021 national budget in Parliament on 26 November 2020, Ncube proposed that toll fees be payable in foreign or local currencies at the Foreign Currency Auction Rate.

Under the proposed structure, Light Motor Vehicles will pay $2, minibuses $3, buses $4, heavy vehicles $5, haulage trucks $10 and the residential discount will be set at $10 per month. Said Ncube:

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In addition, toll fees for foreign-registered vehicles will be payable in United States Dollars or equivalent in other foreign currencies, using the above rates.

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