Search / Petrol
Fuel prices continue to fall in Zimbabwe
FUEL prices continue to drop giving relief to motorists as the Government continues to cushion the public against global political shocks. Zimbabwe Energy Regulatory Authority fZERA) yesterday...Published: 18 Aug 2022 at 06:41hrs | 301 | by Staff reporter
Jonathan Dube elected Chartered Governance & Accountancy Institute president
The head of Finance and Administration at the Competition and Tariff Commission, Mr Jonathan Dube, is the new president of the Chartered Governance and Accountancy Institute in Zimbabwe (CGAIZ)....Published: 16 Aug 2022 at 07:06hrs | 1472 | by Agencies
Gas explosion leaves five injured
A party ended tragically in Bindura on Saturday evening after five people sustained burns following a gas explosion on Saturday evening. ...Published: 15 Aug 2022 at 18:14hrs | 1187 | by Simbarashe Sithole in Bindura
Fuel attendant blasts safe in fake robbery
A Kadoma fuel attendant yesterday morning, allegedly faked a robbery by blasting a cash safe using explosives at Macshep business complex in the town.The suspect who has since been arrested, a...Published: 15 Aug 2022 at 16:52hrs | 768 | by Staff reporter
Zimbabwe currency speculators cornered?
THE retreat of the recent inflation spiral is expected to accelerate, and purchasing power increase in light of recent pay rises without matching price rises, as speculative market forces are being co...Published: 15 Aug 2022 at 06:38hrs | 732 | by Staff reporter
Retailers must reduce prices, says CCZ
THE Consumer Council of Zimbabwe (CCZ) has called on retailers to reduce prices of goods following a reduction in fuel prices.This follows a drop in petrol price from US$1,76 to US$1,60 per li...Published: 12 Aug 2022 at 06:37hrs | 437 | by Staff reporter
Mnangagwa visited Mutami at school?
A FORMER boyfriend of Susan Mutami and her school friends at Loreto High School in Silobela, Midlands, have validated claims that a man believed to be President Emmerson Mnangagwa she now accuses of r...Published: 10 Aug 2022 at 08:42hrs | 5465 | by Staff reporter
'Fuel price drop must benefit consumers'
BUSINESSES should review prices of goods and services downwards in line with the recent decline in fuel prices, a Cabinet Minister has said.This comes as interventions by the Reserve Bank of Z...Published: 07 Aug 2022 at 08:16hrs | 51 | by Staff reporter
Zimbabwe on cusp of oil, gas breakthrough
Australian Securities Exchange (ASX)-listed oil and gas firm Invictus Energy has started assembling drilling equipment at its Mukuyu-1 prospect in Muzarabani, Mashonaland Central, ahead of exploration...Published: 07 Aug 2022 at 08:16hrs | 571 | by Staff reporter
Zimbabwe fuel prices go down again
THE reduction in fuel prices by the Government continues as the Zimbabwe Energy Regulatory Authority (Zera) reviewed prices effective yesterday.In an update, the regulatory authority reduced d...Published: 03 Aug 2022 at 18:59hrs | 6168 | by Staff reporter
Push for new route to the sea
IN a short four years, President Mnangagwa and his team have ushered in and carried out breathtaking reforms in our national economic management. He is scoring successes in all the fundamental...Published: 01 Aug 2022 at 06:33hrs | 548 | by Monica Mutsvangwa
Zimbabwe developing a new US$60bn capita city
Plans to develop Zimbabwe's new capital city in Mt Hampden are gathering momentum, with a masterplan for the multi-billion-dollar ultra-modern development now complete.The US$60 billion metrop...Published: 31 Jul 2022 at 08:10hrs | 16591 | by Staff reporter
Falling fuel prices ease pressure on consumers
The sustained drop in fuel prices, which saw prices being reviewed downwards twice over a two-week period this month owing to falling international crude ...Published: 31 Jul 2022 at 07:08hrs | 653 | by Staff Reporter
Batoka takeoff failure leaves Zimbabwe, Zambia facing uncertain power future
THE revelations by the Zambezi River Authority (ZRA) that a consortium which clinched a deal to implement the 2 400-megawatt (MW) Batoka Gorge Hydro-Electric Scheme (BGHES) was struggling to mobilise ...Published: 28 Jul 2022 at 06:35hrs | 12664 | by Staff reporter
Report Mphoko never deserted Zapu to join Zanu
The former members of the Rhodesian special branch are the ones who claimed that I deserted the struggle in 1976, to join ZANU.They forget that ZANU was banned in Zambia, Tanzania, and Mozambi...Published: 27 Jul 2022 at 19:54hrs | 1802 | by Phelekezela Mphoko
Zimbabwe announces fuel price cuts
THE Zimbabwe Energy Regulatory Authority (Zera) has reduced the price of petrol and diesel with effect from today in a development that buttresses Government efforts to contain the price of fuel from ...Published: 27 Jul 2022 at 19:37hrs | 4126 | by Staff reporter
Zimbabwe is ripe for investment - it just needs to be done the right way
The massive surge in diaspora remittances to Zimbabwe - up to $1.4 billion last year - makes for an interesting case study of an economy significantly different from others. Not many countries can loo...Published: 27 Jul 2022 at 13:01hrs | 1714 | by Agencies
Fresh discovery at Zimbabwe oilfields
AUSTRALIA-headquartered oil and gas outfit, Invictus Energy announced fresh discoveries at its Zimbabwe-based Mukuyu gasfields on Monday, as it laid out plans to blast its first test well from next mo...Published: 26 Jul 2022 at 06:41hrs | 5668 | by Staff reporter
Huge perks for PSMI boss
THE managing director of Premier Service Medical Investments (PSMI) Dr Tafadzwa Gutu is living large with a lucrative contract that sees him pocket US$23 000 a month in salary and allowances.W...Published: 25 Jul 2022 at 06:26hrs | 847 | by Staff reporter
Fuel prices cut a relief for Zimbabwe motorists
Maximum fuel prices were cut yesterday from US$1,76 to US1,70 a litre for petrol and from US$1,86 to US$1,80 for diesel.Regulator Zimbabwe Energy Regulatory Authority (ZERA) announced the chan...Published: 20 Jul 2022 at 06:36hrs | 630 | by Staff reporter
ZESA power cuts trigger gas shortage in Bulawayo
THE current countrywide power cuts have triggered severe shortages of liquefied petroleum gas (LPG) in Bulawayo.The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) last week...Published: 18 Jul 2022 at 08:41hrs | 866 | by Staff reporter
Fuel prices drop by US$0,02 in Zimbabwe
THE Zimbabwe Energy Regulatory Authority (Zera) has reduced fuel prices by US$0,02, but hiked it in local currency.In a statement yesterday, Zera said diesel now costs US$1,86 down from US$1,8...Published: 14 Jul 2022 at 07:32hrs | 218 | by Staff reporter
Zimdollar fuel prices up
THE Zimbabwe Energy Regulatory Authority (Zera) has announced a slight increase in local currency fuel prices while the foreign currency prices remain stable.The increase is effective from yes...Published: 06 Jul 2022 at 18:05hrs | 685 | by Staff reporter
Zimra seizes trucks, fuel over duty
A fuel dealer in Chiredzi was recently busted by the Zimbabwe Revenue Authority (ZIMRA), which impounded two trucks laden with over 46 000 litres of petrol believed to have been smuggled through Beitb...Published: 05 Jul 2022 at 21:05hrs | 724 | by Staff reporter
Govt to launch Electric Vehicle Policy
GOVERNMENT will this year launch the Electric Vehicle Policy, which will guide the country's adoption of e-mobility solutions, Energy and Power Development Minister Zhemu Soda has said. ...Published: 02 Jul 2022 at 22:29hrs | 546 | by Staff Reporter
Interbank rate now sole legal rate, huge penalties for breaches
The interbank exchange rate has been set as the sole exchange rate to be used in commercial and other transactions and anyone selling goods and services, who uses any other rate faces a minimum civil ...Published: 29 Jun 2022 at 07:42hrs | 563 | by Staff reporter
South Africans face another fuel price increase as well as interest rate hike
There seems to be no reprieve for South African wallets as another hefty fuel increase is predicted for next week, as well as economists anticipating further interest hikes.The Organisation Un...Published: 27 Jun 2022 at 19:33hrs | 689 | by Staff reporter
Zimbabwe bans US$ sales discounts
FINANCE Minister, Mthuli Ncube on Monday traversed a tight passage as he balanced between the country's pressing economic needs and the tide of rising inflation prompted by external factors and low co...Published: 27 Jun 2022 at 19:06hrs | 3269 | by Staff reporter
US$50m hotel for Victoria Falls
A MASSIVE US$50 million hotel project is on the cards in Victoria Falls, as the transformation of the prime tourism destination into a world-class city and resort gains momentum.Victoria Falls...Published: 27 Jun 2022 at 08:10hrs | 591 | by Staff reporter
'South Africa's petrol price could hit R40 a litre'
The ongoing war in Ukraine is costing South Africa billions in lost revenues and added costs, and trade officials are concerned that further widespread disruptions to the local economy are likely....Published: 26 Jun 2022 at 12:29hrs | 1939 | by Staff reporter
Motswana fuel smuggler arrested in Zimbabwe
BOTSWANA police have foiled a bid by a Motswana to smuggle 1 450 litres of petrol into Zimbabwe.Police in Tshesebe recovered the fuel from the suspect along the Botswana-Zimbabwe border....Published: 26 Jun 2022 at 10:48hrs | 851 | by Staff reporter
Call to review Zimbabwe tax thresholds
Government has been implored to increase the exemption threshold on payroll tax to cushion workers from current challenges such as high inflation and the contagion effects of conflict between Russia a...Published: 26 Jun 2022 at 08:09hrs | 192 | by Staff reporter
Oil, gas equipment lands in Zimbabwe this week
INVICTUS Energy, the Australian firm exploring oil and gas in Muzarabani and Mbire districts of Mashonaland Central, north of Zimbabwe, expects the first batch of key pieces of the exploration drillin...Published: 26 Jun 2022 at 08:08hrs | 668 | by Staff reporter
South Africa taxis to hike fare amid spiralling fuel hikes
South Africans who make use of minibus taxis as a means of transportation will have to brace for another cost of living increase, after a Santaco representative revealed that the organisation is set o...Published: 21 Jun 2022 at 14:03hrs | 266 | by Staff reporter
Russia hits back at US
RUSSIA has allayed fears its ongoing onslaught on Ukraine will plunge the world into acute commodity shortages due to delays in shipments as a result of the conflict, the Zimbabwe Independent has repo...Published: 17 Jun 2022 at 08:58hrs | 1998 | by Staff reporter
South Africa diesel mixed with paraffin, says Mantashe
Mineral Resources and Energy Minister Gwede Mantashe warned of a growing trend of diesel-paraffin mixtures being sold as diesel at petrol stations.In a parliamentary debate on Wednesday, he sa...Published: 16 Jun 2022 at 14:04hrs | 1153 | by Staff reporter
Petrol expected to increase by R2 in South Africa
Mid-month data from the Central Energy Fund points to further fuel price pain for diesel and petrol vehicle owners in July.The data, which serves as a snapshot of market conditions as of 14 Ju...Published: 15 Jun 2022 at 09:38hrs | 925 | by Staff reporter
New Beitbridge fire station complete
GOVERNMENT in partnership with the Zimborders Consortium has completed constructing a new fire station in Beitbridge to address the perennial fire and emergency rescue services deficiencies in the bor...Published: 15 Jun 2022 at 07:31hrs | 189 | by Staff reporter
Zimbabwe fuel imports drop sharply
Zimbabweans have been forced to cut on fuel spending owing to the rolling increases of the product after global petroleum prices spiked because of the Russia-Ukraine war.Statistics from the Zi...Published: 12 Jun 2022 at 09:18hrs | 539 | by Staff reporter
US threatens Zimbabwe over Russian ties
AS Africa reels from the catastrophic effects of Russia's invasion of Ukraine marked by acute food and commodity shortages, the United States (US) has issued a stark warning of the prolonged consequen...Published: 11 Jun 2022 at 09:31hrs | 10556 | by Staff reporter
SA taxi fares set for a big increase
According to reports, Santaco and the National Taxi Alliance, the country's biggest taxi associations, have lobbied for trade unions such as the Congress of SA Trade Unions (Cosatu) and other civic gr...Published: 09 Jun 2022 at 08:19hrs | 1021 | by Staff reporter
Game-changing oil rig Zimbabwe-bound
INVICTUS Energy, the southern Africa-focused resources firm, says a rig that is set to drill test wells at the Cabora Bassa project in Zimbabwe has begun the crucial journey from Tanzania.#Exa...Published: 09 Jun 2022 at 06:43hrs | 2079 | by Staff reporter
Fuel price goes up again
THE Zimbabwe Energy Regulatory Authority (Zera) has announced a latest jump in fuel prices effective Tuesday, 7 June 2022.In a public notice issued yesterday, the energy regulator pegged the n...Published: 08 Jun 2022 at 08:59hrs | 666 | by Staff reporter
Zera announces jump in fuel prices
THE Zimbabwe Energy Regulatory Authority (Zera) has announced a latest jump in fuel prices effective Tuesday, 7 June 2022.In a public notice issued yesterday, the energy regulator pegged the n...Published: 08 Jun 2022 at 08:58hrs | 440 | by Staff reporter
Why Zimbabwe's de-dollarization route flopped
The Zimbabwean government has announced measures to promote the wider use of the domestic currency (The Zimbabwean Dollar) in a last-ditch effort to save it from the re-dollarization onslaught. Part o...Published: 08 Jun 2022 at 07:08hrs | 4303 | by Victor Bhoroma
Zimbabweans resort to bikes amid soaring fuel prices
SOARING fuel costs and the economic crunch in Zimbabwe are leading people to switch to using bicycles as their main mode of transport.Over the past year, the country has seen petrol prices jum...Published: 04 Jun 2022 at 19:54hrs | 154 | by Staff reporter
Ramaphosa hikes petrol, diesel prices
The price of 95-octane unleaded petrol will rise by R2,33 a litre from today, while 93-octane unleaded petrol will go up by R2,43 a litre, the Department of Mineral Resources and Energy announced yest...Published: 01 Jun 2022 at 06:28hrs | 592 | by Staff reporter
Scandal-ridden Glencore has a big footprint in Zimbabwe
GLOBAL commodities giant Glencore, one of the world's largest diversified natural resource companies, currently engulfed in a corruption and bribery storm in the United States, Britain and Brazil, has...Published: 31 May 2022 at 07:37hrs | 2310 | by Staff reporter
Cargo tracking improves Zimra tax compliance
THE Zimbabwe Revenue Authority (Zimra) has seen improved tax compliance due to its new electronic cargo tracking system (ECTS), which has enhanced monitoring of taxpayers and transit freight in the co...Published: 31 May 2022 at 06:25hrs | 114 | by Staff reporter
Panic as fuel shortages loom in Zimbabwe
A FUEL crisis is looming as major dealers say they are struggling to stock up because of foreign currency shortages, which they say are threatening their viability.Fuel dealers say they may be...Published: 26 May 2022 at 06:27hrs | 2299 | by Staff reporter
Load More Stories
