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Is Zimbabwe on the brink of collapse?
Zimbabwe is standing at a dangerous crossroads as the nation endures an escalating energy crisis that threatens its economy, livelihoods, and future prospects. The recent wave of prolonged pow...Published: 18 Dec 2024 at 13:05hrs | 1931 | by Tendai Ruben Mbofana
ZIMPHAC holds youth seminar on Social Media influence
Zimbabwe Partner Help A Child last weekend held a seminar to educate the youth on leadership, drug abuse and correct use of social media....Published: 13 Nov 2024 at 06:09hrs | 213 | by Stephen Jakes
Zimbabwe police receive donation of 11 empty drums
Proton Bakers today donated 11 drums to the Bulawayo Police Traffic Section to support road safety at roadblocks. The handover ceremony, held at the Bulawayo Central Traffic Police Station, was attend...Published: 22 Oct 2024 at 16:17hrs | 1219 | by Staff reporter
Manufacturing sector on the rise in Zimbabwe
Zimbabwe's manufacturing sector is experiencing a significant resurgence, with capacity utilization surging to 53.2 percent, driven by growth in food, tobacco, cotton, leather, timber, furniture, phar...Published: 10 Jun 2024 at 14:03hrs | 299 | by Tonderai Ndoro
Bakers Inn to build second plant in Bulawayo
Baker's Inn, a division of Victoria Falls Stock Exchange-listed Innscor Africa, is expanding its operations by adding a second plant to its Belmont factory in Bulawayo.The company recently com...Published: 22 May 2024 at 09:33hrs | 20 | by Staff reporter
'Mnangagwa officiating at all manner of ceremonies becoming problematic'
So, President Emmerson Dambudzo Mnangagwa is still making national news headlines for officially commissioning new companies.In fact, his latest stunt was not even commissioning a new company ...Published: 19 May 2024 at 12:20hrs | 1 | by Tendai Ruben Mbofana
When the president officially commissions companies, then Zimbabwe is still far from developing!
So, President Emmerson Dambudzo Mnangagwa is still making national news headlines for officially commissioning new companies. In fact, his latest stunt was not even commissioning a new company...Published: 18 May 2024 at 20:53hrs | 3 | by Tendai Ruben Mbofana
Mnangagwa says Zimbabweans must not be shy to make money
Zimbabweans should not hesitate to make money, as the government has created a conducive environment for economic success, President Emmerson Mnangagwa stated.Speaking at the commissioning of ...Published: 18 May 2024 at 10:59hrs | 17 | by Staff reporter
Bulawayo set for major transformation
BULAWAYO is experiencing a renaissance as investor interest is surging, reindustrialisation efforts taking root and multi-million dollar projects underway, signalling a promising future for the city....Published: 18 Feb 2024 at 09:00hrs | 5 | by Staff reporter
Mthulisi Ncube exempts VAT on key basic commodities
TREASURY has gazetted the suspension of Value Added Tax (VAT) on selected basic commodities with effect from today as part of Government measures to tame price increases while boosting consumer purcha...Published: 01 Feb 2024 at 04:57hrs | 9 | by Staff reporter
Bread price go up in Zimbabwe
The price of bread in Zimbabwe has increased recently, and bakers are attributing it to taxes mentioned in the 2024 National Budget by Finance Minister Mthuli Ncube. Bakers used to sell bread for arou...Published: 07 Jan 2024 at 17:32hrs | 7 | by Staff reporter
Zimbabwe's black farmers should take agriculture seriously
Mr. Elvis Ncube, the Chief Human Resources Officer of Proton Bakers, emphasized the importance of taking agriculture seriously due to its significant contributions to economic development through the ...Published: 19 Sep 2023 at 06:28hrs | 1 | by Staff reporter
Bakers lnn drivers robbed
Two drivers contracted by Bakers lnn Bindura depot Aldridge Chipunza (42) and Benjamin Crakehall (40 ) were robbed on Thursday evening after they offered a lift to five passengers destined for Bindura...Published: 29 Aug 2023 at 21:51hrs | | by Tarisai Mudahondo
Govt descends on price manipulators
THE Consumer Protection Commission (CPC) will soon impose heavy fines on retailers that have not reduced prices of their goods in line with movements of the exchange rate on the interbank market....Published: 09 Jul 2023 at 10:30hrs | 6 | by Staff reporter
Armed robbers pounce on Bakers Inn truck
Four suspected armed robbers allegedly pounced on a Bakers' Inn bread delivery truck in Chiweshe and robbed cash amounting to US$11 800.The matter came to light at Concession magistrates court...Published: 05 Jun 2023 at 12:16hrs | | by Simbarashe Sithole
Zimgold unfazed by SA imports
ONE of Zimbabwe's leading cooking oil producers, Zimgold Oil Industries said this week it was not worried about prospects of stiffer competition after government's decision to lift restrictions on the...Published: 19 May 2023 at 20:42hrs | 2 | by Staff reporter
Zimgold seeks to ramp up production
COOKING oil producer Zimgold Oil Industries has announced plans to ramp up production by increasing its crushing capacity by 67% to 100 000 tonnes annually. The company's finance director Amit Goyal m...Published: 12 May 2023 at 06:05hrs | 2 | by Staff reporter
Luveve Road works test Bulawayo engineers
BULAWAYO City Council's (BCC) civil engineering expertise is being put to test in the rehabilitation of Luveve Road near Renkini as the scope of works have significantly changed due to underground wat...Published: 12 May 2023 at 06:02hrs | | by Staff reporter
Bread price jumps 109% in Zimbabwe
THE average price of a standard loaf of bread shot to $1 800 which is equivalent to US$1,70 at the official exchange rate of $1 059,60 to the greenback.This represents a 109% hike on the $860 ...Published: 03 May 2023 at 06:07hrs | | by Staff reporter
Bread price goes up in Zimbabwe
THE bread shortage that has been largely described as artificial and temporary by market players hit the market over the past few days as bakers increased the price of the product.Some retaile...Published: 07 Sep 2022 at 06:42hrs | | by Staff reporter
Another bread price hike looms
ZIMBABWEANS should brace for another bread price hike after the Grain Marketing Board (GMB) increased the price of wheat by 30%, industry officials said yesterday.NewsDay understands that GMB ...Published: 04 Aug 2022 at 06:44hrs | 1 | by Staff reporter
Lobels in bread packaging wrangle
STRUGGLING bread maker, Lobels has threatened to sue local competitor, Natbake, over use of blue and red colour packaging which it claims is associated with its premium white bread.Lobels lawy...Published: 15 Jul 2022 at 09:06hrs | | by Staff reporter
Flour price goes up
THE price of bread is likely to go up after flour prices rose by 10% yesterday.This comes after the Grain Marketing Board increased its wheat prices to millers by 8% from $239 360 to $258 416 ...Published: 13 Jul 2022 at 07:21hrs | | by Staff reporter
Brace for bread price hike: GMAZ
Consumers should brace for the imminent bread price hike, the Grain Miller's Association of Zimbabwe (GMAZ) has said in a statement.GMAZ said the latest development is caused by the continued ...Published: 12 Jul 2022 at 16:17hrs | 7 | by Shelton Muchena and Desmond Nleya
Price controls backfires in Zimbabwe
MANUFACTURERS and retailers have reportedly deliberately stopped supplying basic commodities such as mealie-meal, cooking oil and sugar, resulting in shortages as government's pricing regulations begi...Published: 05 Jul 2022 at 07:05hrs | | by Staff reporter
Zimbabwe inflation doubles in two months to 191%
ZIMBABWE'S annual inflation rate quickened to 191.6 percent in June, more than doubling the consumer price increases of two months ago, official statistics showed Saturday.The development came...Published: 26 Jun 2022 at 08:16hrs | 1 | by Staff reporter
Bread prices set to drop?
BREAD prices are set to drop after the Reserve Bank of Zimbabwe (RBZ) pledged to prioritise foreign currency allotments to the National Bakers Association of Zimbabwe to facilitate the importation of ...Published: 21 Jun 2022 at 06:37hrs | | by Staff reporter
Zimbabwe's central bank moves to control price of bread
Zimbabwe's central bank said Monday that the price of bread will go down after it held talks with an association of bakers.Governor John Mangudya said bakers had complained over lack of access...Published: 20 Jun 2022 at 18:56hrs | | by Staff reporter
Zimbabwe's Khumbula reaches for aerospace dreams in the US
Born in a maize field in Zimbabwe, Samuel Khumbula never dreamed he would come to the United States. The son of the seventh wife of a polygamous patriarch, he grew up poor, sleeping on the ground in a...Published: 19 Jun 2022 at 10:07hrs | 15 | by Staff reporter
'There is no reason for bread shortage' Musarara
Grain Millers Association of Zimbabwe (GMAZ) national chairman Tafadzwa Musarara, however, said there is no reason for the country to experience bread shortages as there is adequate wheat in the count...Published: 08 Jun 2022 at 10:21hrs | 8 | by Mandla Ndlovu
Bread in short supply as bakeries demand US$
BREAD is in short supply in some parts of the country as some bakeries are demanding payment in United States dollars only.Tuckshop owners in Harare yesterday told NewsDay Weekender that they ...Published: 04 Jun 2022 at 19:55hrs | 1 | by Staff reporter
Universities to copy Nust accommodation model
THE Infrastructure Development Bank of Zimbabwe (IDBZ) will replicate the National University of Science and Technology (Nust) student accommodation model at other universities to curb shortages at te...Published: 02 May 2022 at 08:03hrs | | by Staff reporter
Zimbabwe has taught me how easy it is to oppress people!
There is a popular saying - "if you don't want a prisoner to escape, don't let him know he is in prison".A bit cocky, it may sound - but, this is one of the most packed saying I have ever come...Published: 07 Apr 2022 at 19:05hrs | | by Tendai Ruben Mbofana
Mealie-meal, flour prices go up
THE Grain Millers Association of Zimbabwe (GMAZ) has announced an increase in mealie-meal and bread flour prices with immediate effect.GMAZ chairman Mr Tafadzwa Musarara said the increase has ...Published: 11 Mar 2022 at 05:40hrs | | by Staff reporter
Bread price up 15%
THE price of flour has gone up by 6.5% from $112 000 to $119 000 per metric ton, a situation that also pushed the price of bread up by 15% from $175 to $210.Grain Millers Association of ...Published: 20 Jan 2022 at 05:39hrs | | by Staff reporter
Bread prices hiked
THE price of bread has gone up to $201 from $175, with bakers attributing the increase to the cost of the main ingredient, flour, coupled by escalating fuel prices.A survey by Sunday News Busi...Published: 16 Jan 2022 at 08:55hrs | 7 | by Staff reporter
Bread price set to rise
ZIMBABWE'S baking sector has been thrown off balance by escalating fuel prices and deadly power cuts that have recently rattled the economy.So dire is the situation that some baking industry e...Published: 24 Dec 2021 at 16:39hrs | 9 | by Staff reporter
Innscor shells US$70m on expansion
ZIMBABWE Stock Exchange-listed blue-chip, Innscor Africa Limited, has injected about US$70 million to consolidate its expansion operations, according to the group's chairperson, Addington Chinake....Published: 23 Nov 2021 at 05:58hrs | 9 | by Staff reporter
Shops continue using 'illegal' rates
WARNINGS by the Reserve Bank of Zimbabwe's (RBZ) Financial Intelligence Unit and the recent arrest of directors of some top companies over foreign currency manipulation seem to have fallen on deaf ear...Published: 21 Oct 2021 at 06:17hrs | | by Staff reporter
Simbisa Brand rubbishes government directive
Simbisa Brands has rubbshed the call by the government of Zimbabwe to use interbank rates in its pricing system. The directive by ...Published: 19 Oct 2021 at 17:11hrs | 9 | by Shelton Muchena
Govt needs to stabilise bread and butter prices
THE looming increase in bread price will pile pressure on the country's citizens already battling a wildly inflationary environment aided by poor monetary policies by Treasury.To say that the ...Published: 12 Oct 2021 at 06:00hrs | 8 | by Eddie Cross
Currency manipulators on the prowl
CURRENCY manipulation by businesses setting their Zimbabwe dollar prices to black-market exchange rates, has reached levels where some shops are pricing their goods and services using illegal rates ra...Published: 08 Oct 2021 at 06:25hrs | 8 | by Staff reporter
Bread shortage looms
ZIMBABWE is facing a massive shortage of bread and possible price increase for the vital commodity occasioned by a massive decline in global wheat supply after major producer countries were heat by dr...Published: 03 Oct 2021 at 08:02hrs | | by Staff reporter
Bread price up
THE price of a standard loaf of bread has risen by 6,8 percent to $94 and the bakers have blamed the increase on the recent upward review of utility charges and the price of fuel.A snap survey...Published: 25 Mar 2021 at 16:08hrs | | by Staff reporter
Bread price hike looms
BAKERS say they were battling to contain flour prices because of the rise in the prices of imported wheat which had been caused by delays of cereal deliveries from abroad because of the COVID-19 pande...Published: 28 Jan 2021 at 06:32hrs | 5 | by Staff reporter
5 test positive at Marondera roadblock
Five people have tested positive to Covid-19 at a security checkpoint set up by the ministry of health and child care in Marondera to curb the spread of the deadly virus.The five who tested po...Published: 14 Jan 2021 at 21:13hrs | 1 | by Staff reporter
How to kill a country
Nearly forty years ago Ian Smith, the Prime Minister of Rhodesia, became the first and only white colonial ruler to break away from the British Crown. He had tired of London's nagging about the subjug...Published: 13 Jan 2021 at 16:49hrs | 3 | by Samantha Power
Bread price jumps 13,8%
THE price of a standard loaf of bread has risen by 13,8 percent this week to $82 from $72 and consumers feel the move is not justified. Some retailers, who had already effected the latest pric...Published: 25 Dec 2020 at 07:11hrs | | by Staff reporter
3 Zimra officials in court for 'smuggling' fuel
THREE Zimbabwe Revenue Authority (Zimra) officials stationed at Beitbridge Border post have been arrested for allegedly facilitating the smuggling of 176 000 litres of unleaded petrol from South Afric...Published: 15 Dec 2020 at 06:06hrs | | by Staff reporter
Simbisa Bulawayo outlet employees test positive for Covid-19
Several employees at the listed leading fast-food chain, Simbisa Brands, in Bulawayo have reportedly tested for Covid-19 amid reports the issue is being kept under wraps by the management. Sim...Published: 06 Dec 2020 at 23:00hrs | | by Staff reporter
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