LILONGWE-(MaraviPost)-The Malawi Energy Regulatory Authority (MERA) has suspended fuel allocation to SIMSO Oil and Transport Company due to hoarding over 200,000 litres of petrol at its depot as crisis.
The company’s Fuel Service Stations were dry, despite having a huge stockpile of fuel.
MERA’s decision comes after regulatory inspections revealed that SIMSO Oil was withholding petrol without justification, undermining national efforts to stabilize fuel supply during the ongoing crisis.
In a press statement issued on Thursday, August 7, 2025, MERA has ordered SIMSO Oil to immediately release and distribute the withheld petrol to its Fuel Service Stations.
Furthermore, fuel importers and Oil Marketing Companies are prohibited from allocating any stocks to SIMSO Oil until further notice.
SIMSO Oil belongs to Bishop Simama.
This comes barely a day after President Lazarus Chakwera accused some traders for hording essential commodities including fuel, sugar, drugs that his leadership be look like a failure ahead of September 16 polls.