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Zimbabwe firms fret over Mozambique crisis
ZIMBABWE'S industries have warned that a deadly insurgency roiling neighbouring Mozambique has emerged as the greatest threat to power and fuel imports that could further hurt Harare's fragile economy...Published: 23 Jul 2021 at 08:57hrs | 1 | by Staff reporter
Zimbabwe blocks US$1bn pipeline project
THE Ministry of Energy has blocked a plan by South African-owned Mining, Oil and Gas Services Company (MOGS) to construct a US$1 billion 550-kilometre fuel pipeline from Beira to Harare, arguing that ...Published: 22 Mar 2019 at 16:08hrs | 1 | by Staff reporter
Fuel mogul splits Mnangagwa's govt
Businessman Kuda Tagwirei, has triggered off fresh fissures within Zanu-PF and government, with the Sakunda Holdings founder wittingly or unwittingly driving a wedge between President Emmerson Mnangag...Published: 31 Oct 2018 at 07:37hrs | 2 | by Staff reporter
Captured Joram Gumbo defends Queen Bee
GOVERNMENT has de-regulated the importation of fuel and reports of the existence of a monopoly or cartel are baseless and without foundation, Energy and Power Development Minister Dr Joram Gumbo has s...Published: 31 Oct 2018 at 05:24hrs | | by Staff reporter
Zimbabwe deregulates fuel imports
Government has deregulated the importation of fuel and reports of the existence of a monopoly or cartel are baseless, Energy and Power Development Minister Dr Joram Gumbo has said. He said the...Published: 31 Oct 2018 at 05:17hrs | | by Staff reporter
Gumbo defends Sakunda boss AKA 'Queen B'
An explosive social media broadcast by a Zanu-PF insider last week sparked debate about an alleged cartel controlling fuel distribution in the country amid allegations of abuse of foreign currency....Published: 28 Oct 2018 at 08:18hrs | | by Staff reporter
Inside the fierce war for control of Zimbabwe's fuel industry
A fierce war is brewing behind the scenes for control of Zimbabwe's fuel industry pitting President Emmerson Mnangagwa and Vice-President Constantino Chiwenga's allies following a bid by a South Afric...Published: 28 Oct 2018 at 08:13hrs | | by Staff reporter
Competition Commission probes NOIC's 50% acquisition of Petrozim
THE Competition and Tariffs Commission (CTC) has launched a probe into the acquisition of PetroZim's 50% stake by the National Oil infrastructure Company of Zimbabwe (Noic), NewsDay reported.I...Published: 16 Jul 2018 at 07:21hrs | | by Staff reporter
RBZ seals fuel supply deal with Sakunda
The Reserve Bank of Zimbabwe (RBZ) has signed a deal with Sakunda Holdings for the supply of 160 million litres of fuel to nine local fuel companies to avert the impending fuel shortages owing to ...Published: 11 Dec 2016 at 15:40hrs | | by Staff reporter
'Zimbabwe army ready to protect, defend territorial integrity'
Zimbabwe is ready to protect its territorial integrity from any foreign aggression or insurgency, but will not interfere with security systems of other countries, Defence Minister Sydney Sekeramayi to...Published: 03 Mar 2016 at 05:23hrs | | by Lloyd Gumbo
Mozambique snubs Zimbabwe
MOZAMBIQUE has snubbed Zimbabwe's proposal to construct a second petroleum pipeline, a government official has revealed, saying the move has undermined plans to augment the existing pipeline which no...Published: 25 Sep 2014 at 09:43hrs | | by Staff reporter
Beira-Feruka oil pipeline usage increases
THE usage of the Beira-Feruka oil pipeline continues to increase over the years owing to the Road Levy which the Government imposed on fuel dealers, who bring the product by road.Statistics re...Published: 21 Mar 2013 at 22:44hrs | | by Staff Reporter
Reason why there is no fuel
The Zimbabwe Revenue Authority (Zimra) last month garnished $35 million from the National Oil Company of Zimbabwe's (Noczim) bank account, crippling the company's ability to import fuel leading to the...Published: 20 Jan 2011 at 23:35hrs | | by Byo24NEWS
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