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Ginimbi's empire is crumbling
The late socialite and businessman Genius "Ginimbi" Kadungure's Botswana empire is crumbling after the neighbouring country's Energy Regulatory Authority (BERA) ordered the closure of his Quick Gases ...Published: 21 Jan 2021 at 06:56hrs | 12466 | by Staff reporter
What caused the 50% plunge in Zimbabwe's fuel import bill?
ZIMBABWE'S fuel import bill fell by more than 50% in 2020, from US$1,2 billion the previous year.Figures recently released by the Zimbabwe National Statistics Agency (ZimStat), capturing data ...Published: 18 Jan 2021 at 06:03hrs | 1408 | by Staff reporter
Woman splashes petrol on ex-boyfriend, sets him ablaze
A 43-YEAR-OLD Mashonaland East man is battling for life at Marondera Provincial Hospital after petrol was poured on him before being set ablaze by his ex-girlfriend following a misunderstanding over t...Published: 13 Jan 2021 at 07:52hrs | 1028 | by Staff reporter
Son arrested for brutal Mangwe elderly couple killing
POLICE have arrested a son of a late prominent elderly couple from Empandeni in Mangwe District, Matabeleland South, for allegedly killing his parents. Lisani Nleya (45) was allegedly arrested...Published: 12 Jan 2021 at 08:42hrs | 844 | by Staff reporter
LP gas shortage hits Bulawayo
BULAWAYO is facing an acute shortage of liquefied petroleum (LP) gas resulting in its price shooting up by 80 percent since mid-December. For the past week Bulawayo residents who use LP gas ha...Published: 11 Jan 2021 at 07:51hrs | 640 | by Staff reporter
The soft peg and local economic stability
Zimbabwe introduced the Dutch inspired foreign exchange auction system on the 23th of June to replace the fixed exchange rate (hard peg) of US$1: ZW$25 that had been in existence since 26 March 2020. ...Published: 08 Jan 2021 at 20:58hrs | 513 | by Victor Bhoroma
Zera announces new fuel prices
The Zimbabwe Energy Regulatory Authority (Zera) has announced new fuel prices effective 5 January 2021.The price of petrol has been pegged at US$1,21 or ZWL99.35 while diesel was at $1,3...Published: 05 Jan 2021 at 08:14hrs | 5180 | by Staff reporter
High inflation drives cost of living
USAID food security arm, FEWS NET, says the cost of living in rural and urban areas continues to increase mainly driven by high inflation. In FEWS NET's December 2020 report, the food security organis...Published: 03 Jan 2021 at 07:43hrs | 435 | by Staff reporter
'Mwonzora transferred $5,955,000 from MDC-T bank account'
SKELETONS are now tumbling in the MDC-T party amid allegations that Mr Douglas Mwonzora, the runaway winner in Sunday's disputed party presidential elections, misused nearly $6 million of party funds....Published: 29 Dec 2020 at 06:50hrs | 1689 | by Staff reporter
Economic growth stimulus precedes taxation
Zimbabwe's 2021 national budget paints a picture of sustained austerity in the mid-term, with increases in taxes for various sectors of the depressed economy. A 126% jump in budgeted tax revenue colle...Published: 22 Dec 2020 at 19:28hrs | 374 | by Victor Bhoroma
Zimbabwe fuel imports decline 20% in 10 months to October, says ZERA
A slow down in economic activity due to the coronavirus-induced lockdowns saw fuel (diesel and petrol) imports decline in the ten months to October. Figures from the Zimbabwe Energy Regulatory Authori...Published: 21 Dec 2020 at 18:23hrs | 366 | by Staff reporter
Two more Zimra officials up for abuse of office
Two more Zimbabwe Revenue Authority (Zimra) officials at Beitbridge Border Post have been arrested as Government intensifies crackdown on rent-seeking activities at the border.Nelson Chinguwo ...Published: 20 Dec 2020 at 23:27hrs | 957 | by Staff Reporter
2 Zimra officials up for abuse of office
The police have arrested two more Zimbabwe Revenue Authority (Zimra) officials deployed at Beitbridge Border Post, as the Government intensifies its crack down on rent-seeking activities at the border...Published: 18 Dec 2020 at 06:06hrs | 521 | 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 | 545 | by Staff reporter
2021 National Budget: The Good & the Bad
Zimbabwe's 2021 national budget set a taxing agenda with a 126% jump in budgeted revenues from ZW$173 billion (About US$2.12 billion) anticipated in 2020 to ZW$391.8 billion (US$4.8 billion) budgeted ...Published: 14 Dec 2020 at 13:54hrs | 381 | by Victor Bhoroma
JOC assesses border security
THE National Joint Operations Command (JOC) met in Beitbridge yesterday and committed to beefing up borderline security to control rampant smuggling of goods and irregular migration which peaks during...Published: 12 Dec 2020 at 07:03hrs | 871 | by Staff reporter
Man flees home after scissors attack
A man who bust his wife with her boss while getting cosy in a secluded area, is in a prickly situation after he later fled home stark naked when his wife tried to stab him with a pair of scissors whil...Published: 11 Dec 2020 at 05:53hrs | 685 | by Staff reporter
Five-star Euro NCAP rating for the award-winning New Land Rover Defender 110
South Africa, 9 December 2020 - The award-winning New Land Rover Defender 110* has earned another five-star review - this time from the safety experts at Euro NCAP. Land Rover's most capable and durab...Published: 09 Dec 2020 at 09:31hrs | 1123 | by Agencies
Zinara workers in court for theft
TWO Zimbabwe National Road Administration (zinara) employees, who allegedly swindled their employer of over US$20 000 in fuel levies, yesterday appeared in court charged with theft.Rosina Haku...Published: 09 Dec 2020 at 06:23hrs | 1343 | by Staff reporter
Farmers protest diesel price hike
THE recent increase in the price of diesel by the Zimbabwe Energy Regulation Authority (Zera) looks set to negatively affect farmers in the ongoing 2020/21 cropping season, the Daily News can report....Published: 09 Dec 2020 at 06:21hrs | 1534 | by Staff reporter
Air Zimbabwe loses Supreme Court appeal
THE Supreme Court has dismissed an appeal by Air Zimbabwe challenging a ruling by the Labour Court ordering it to reinstate over 300 workers whose contracts were unlawfully terminated without notice b...Published: 09 Dec 2020 at 05:44hrs | 993 | by Staff reporter
Zinara boss in court for transferring Grace Mugabe linked employees
ZINARA chief executive officer Nkosinathi Ncube was yesterday arraigned before Harare magistrate Trynos Wutawashe on allegations of victimising and transferring four subordinates that are linked to Gr...Published: 08 Dec 2020 at 06:38hrs | 897 | by Staff reporter
Zera hikes diesel price
THE Zimbabwe Energy Regulatory Authority (Zera) yesterday announced a 19 percent price hike for diesel, which took immediate effect.In a new fuel price notice, diesel is now $97,24 and US$1,19...Published: 07 Dec 2020 at 20:35hrs | 706 | by Staff reporter
Grand deal inches closer before oil find
INVICTUS Energy, the Australian company that is scouring Zimbabwe's northeastern front for potentially lucrative oil or gas endowments, says it has inched closer to inking a crucial production sharing...Published: 06 Dec 2020 at 08:19hrs | 924 | by Staff reporter
Mthuli Ncube to engage industry
CAPTAINS of industry will gather in Harare next week to come up with solutions for challenges affecting the sector.Preliminary projections indicate that the manufacturing sector will fall by 9...Published: 03 Dec 2020 at 06:43hrs | 533 | by Staff reporter
Human wildlife conflict stops agriculture where hunting brings hope
Co-existing with wildlife can be both a curse and a blessing. The human-wildlife conflict has brought the century-old culture of agricultural production to a sad and difficult end in Bots...Published: 02 Dec 2020 at 18:21hrs | 238 | by Emmanuel Koro
Ginimbi cases struck off the roll
THE State has withdrawn fraud, tax evasion and money laundering charges against late businessman and socialite Genius "Ginimbi" Kadungure who was set to appear in court yesterday.Kadungure's l...Published: 02 Dec 2020 at 06:25hrs | 1732 | by Staff reporter
Mthuli's 'fantasy' budget: Here's how it will affect you
THE 2021 budget presented by the finance minister Mthuli Ncube to Parliament shows that the minister was living in a ‘fantasy world,' according to academic, Professor Austin Chakaodza."Some ...Published: 28 Nov 2020 at 07:12hrs | 3180 | by Staff reporter
Beitbridge investor to introduce commercial flights
TOPPICK Investments, which has invested US$2,5 million in Makhado, Beitbridge, has approached the Government for authorisation to spruce up the district airstrip and introduce commercial flights betwe...Published: 26 Nov 2020 at 07:14hrs | 811 | by Staff reporter
Mugabe minister linked Zinara workers in $2 million fuel levy scandal
The Zimbabwe National Road Administration (Zinara) allegedly lost US$21 000 ($2 million) to a syndicate of employees working in its cash office through misrepresentation of money paid for fuel levies....Published: 24 Nov 2020 at 04:54hrs | 2308 | by Staff reporter
Mugabe minister linked Zinara workers in $2 million fuel levy scandal
The Zimbabwe National Road Administration (Zinara) allegedly lost US$21 000 ($2 million) to a syndicate of employees working in its cash office through misrepresentation of money paid for fuel le...Published: 23 Nov 2020 at 04:55hrs | 590 | by Staff reporter
MP fights construction of Zuva service station
MuDZi south MP Jonathan Samukange has approached the High Court seeking an order barring the City of Harare from allowing the construction of a service station at the corner of Sam Nujoma street and J...Published: 20 Nov 2020 at 06:31hrs | 3060 | by Staff reporter
Green Fuel selling ethanol in 'real money'
ZIMBABWE'S biggest ethanol producer Green Fuel is now selling the commodity in hard cash and accepts only transfers to its nostro foreign currency account accompanied by letters from the clients' bank...Published: 20 Nov 2020 at 06:12hrs | 1203 | by Staff reporter
Govt has failed to resolve strike by teachers, and all civil servants
The major reason why the Zimbabwe government is failing is in whole part for its reason to resist the tide. For a start, the government has over the decades tried and failed dismally to control th...Published: 18 Nov 2020 at 12:29hrs | 3803 | by Zanda Shumba
9 tankers intercepted smuggling fuel worth R3 million
AUTHORITIES at Beitbridge Border Post are tightening screws on the movement of commercial cargo following the interception of nine tankers last week carrying fuel worth nearly R3 million that was bein...Published: 13 Nov 2020 at 05:39hrs | 659 | by Staff reporter
One last big bash for Ginimbi Kadungure
The final party to be thrown for Zimbabwean socialite and businessman Genius "Ginimbi" Kadungure will be on Friday, but this time guests will have to bring their own champagne because he won't be ther...Published: 12 Nov 2020 at 05:39hrs | 3483 | by Staff reporter
Ginimbi dies
Popular fuel trader and socialite Genius Kadungure was killed in a fiery high-speed car crash early on Sunday.He was 36. He is the owner of Pioneer Gas and PIKO Group.Kadungure was re...Published: 08 Nov 2020 at 08:31hrs | 13268 | by Staff reporter
Zera adjusts petrol prices downwards
THE Zimbabwe Energy Regulatory Authority (Zera) on Thursday reviewed fuel prices in accordance with the prevailing market conditions.The price for petrol went down $0.51 cents to ZW$97.11, whi...Published: 06 Nov 2020 at 19:05hrs | 1515 | by Staff reporter
Zimra demands US$7m fuel import duty
DIRECT Fuel Imports Group Zimbabwe (DFIGZ), a grouping of small-scale fuel procurement firms, is seeking a relief order from the High Court that will nullify demands by the Zimbabwe Revenue Authority ...Published: 06 Nov 2020 at 06:55hrs | 991 | by Staff reporter
Chamisa ally listed amongst 100 'Most Influential Young Africans' of 2020
PR & Rating firm, Avance Media and Africa Youth Awards have announced the 5th annual publication of the 100 Most Influential Young Africans list for 2020. The list is curated to recognise young Af...Published: 04 Nov 2020 at 20:54hrs | 3290 | by Staff reporter
Zimbabweans turn to sex work amid economic crisis and COVID-19
DRESSED in a mini-skirt and blouse, Esther Kamupunga stood in semi-darkness waiting for men looking for sex the latest Zimbabwean to lose her job in a deepening economic crisis, worsened by the new co...Published: 31 Oct 2020 at 06:13hrs | 1368 | by Staff reporter
Zimbabwe crafts e-vehicles policy
Zimbabwe has commenced the drafting process of an E-Mobility Framework that will guide the use of electric vehicles and benchmark the phasing out of fuel powered automobiles. The framewo...Published: 30 Oct 2020 at 17:45hrs | 683 | by Kenneth Matimaire
RRB controversially pays off NOIC's debt to Tagwirei's Sakunda
Shocking revelations have emerged that the Reserve Bank of Zimbabwe (RBZ) is servicing a US$17,2 million debt owed by the national oil and infrastructure company (NOIC) to Sakunda holdings.NOI...Published: 30 Oct 2020 at 06:36hrs | 1440 | by Staff reporter
One person injured as refueling car catches fire
A two- tonne truck was reduced to a shell after it caught fire at a service station in Zvishavane on Monday night.The driver Mr John Mhike sustained minor burns and was discharged from hospita...Published: 28 Oct 2020 at 16:24hrs | 1151 | by Staff reporter
De-listing wave hits ZSE
FIVE counters have announced plans to de-list from the Zimbabwe Stock Exchange (ZSE), precipitating fears that a new forex-denominated bourse planned for Victoria Falls could ground one of Africa's ol...Published: 16 Oct 2020 at 07:19hrs | 3463 | by Staff reporter
Zimbabwe's business climate can improve
As the Zimbabwe Stock Exchange (ZSE) puts final touches on the infrastructure needed for operations of the Victoria Falls Securities Exchange (VFEX), investors await to see if their major concerns on ...Published: 11 Oct 2020 at 09:57hrs | 182 | by Victor Bhoroma
Farms deal 'complicates' Zimbabwe crisis
A LANDMARK deal recently inked between white former commercial farmers and the government of Zimbabwe will make it difficult for the country to repay debts, negotiate fresh lines of credit and ask for...Published: 11 Oct 2020 at 08:13hrs | 5659 | by Staff Reporter
Fuel prices reduced by 5%
THE Zimbabwe Energy Regulatory Authority (Zera) has announced new fuel prices which have seen diesel slightly going down by five percent, while petrol slightly increased by four percent, the Daily New...Published: 06 Oct 2020 at 20:13hrs | 2347 | by Staff reporter
Young petroleum mogul enters Zanu PF DCC race
YOUNG petroleum mogul Danmore Mambondiyani has entered the race for a post in the ruling Zanu PF party's fiercely contested district coordination committees which the party had shelved for years over ...Published: 03 Oct 2020 at 13:59hrs | 3538 | by Bernard Chiketo
MDC-T raps G40 elements
The MDC-T says it will soon repossess the party's Morgan Tsvangirai headquarters, which they allege was seized by the rival faction led by Mr Nelson Chamisa with assistance from criminal G40 elements....Published: 03 Oct 2020 at 08:21hrs | 432 | by Staff reporter
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