Bulawayo24 News - Skyes! "it makes perfect sense"

Dairy farmers cry foul over low milk prices

Dairy farmers in Bubi district are struggling to stay afloat as they face a worsening mismatch between the prices offered by milk processors and the rising costs of production, particularly for supplementary feeding and water access. Despi…

Published: 03 Aug 2025 at 18:54hrs | 233 | by Staff reporter

Zimbabwe's agric producer prices surge 36.4%

Zimbabwe's agricultural producer prices spiked sharply in May 2025, with the Zimbabwe National Statistics Agency (ZimStat) reporting a 36.4% year-on-year (YoY) increase in the Producer Price Index for Agriculture (PPIA), signalling growing…

Published: 01 Jul 2025 at 08:03hrs | 71 | by Staff reporter

Miss Universe Zimbabwe 2025 queens receive prizes

The newly crowned Miss Universe Zimbabwe 2025 winners were officially honoured with their prizes on Saturday, marking a key milestone in their journey toward representing Zimbabwe on the global stage later this year.In a celebratory ceremo…

Published: 17 Jun 2025 at 07:35hrs | 259 | by Staff reporter

Diesel prices fall slightly

Local motorists and businesses are enjoying a modest but welcome reprieve as diesel prices steadily declined over the first half of 2025.From January to June, the price of diesel dropped by about 2 percent, easing from US$1.53 to US$1.50 p…

Published: 09 Jun 2025 at 08:40hrs | 178 | by Staff reporter

DStv Zimbabwe hikes price

DStv subscribers in Zimbabwe will see slight increases in their subscription fees beginning June 1, 2025, following an official price adjustment announced by MultiChoice Zimbabwe.In a notice released on Monday, the broadcaster confirmed th…

Published: 21 May 2025 at 12:38hrs | 297 | by Staff reporter

Econet to hike bundle prices on Wednesday

Leading telecommunications provider Econet Wireless Zimbabwe has announced a scheduled revision of its Voice, Data and SMS bundle prices, set to take effect on Wednesday, 21 May 2025.In a public notice issued on Monday, the telecoms giant …

Published: 20 May 2025 at 09:51hrs | 365 | by Staff reporter

Zimbabwe ranks 3rd African country highest diesel prices

Unlike last month, when diesel prices in Africa were reported to have been fluctuating, diesel prices in the continent for the current month seems stable.While this may appear as a positive, it is still important to note that without a dro…

Published: 21 Mar 2025 at 09:19hrs | 326 | by Staff reporter

Zimbabwe scraps VAT on LPG, prices fall 10%

Zimbabwe's push for sustainable energy solutions has received a significant boost following the government's removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG), a move that has led to a 10% reduction in the price of the comm…

Published: 10 Jan 2025 at 12:06hrs | 774 | by Staff reporter

Tackling Zimbabwe's property price surge

The Zimbabwean property market is facing significant challenges, marked by skyrocketing property prices that seem incongruous when compared to those in neighbouring South Africa.These challenges stem from a complex interplay of factors, in…

Published: 24 Jun 2024 at 10:13hrs | 99 | by Dr Bekithemba Mpofu

Blitz exposes unregistered medicines

A JOINT operation between the Medicines Control Authority of Zimbabwe (MCAZ) and the police this week uncovered an illegal distribution network of unregistered and expired medicines including illicit products such as skin lightening creams…

Published: 10 Apr 2024 at 06:02hrs | 1 | by Staff reporter

'ZiG difficult to accept in US$-dominated market'

Businessman and economist Nigel Chanakira says acceptance of the new currency, Zimbabwe Gold (ZiG), will be difficult given that the majority still prefer the greenback.The Reserve Bank of Zimbabwe (RBZ) launched ZiG and scrapped the Zimdo…

Published: 10 Apr 2024 at 06:02hrs | 41 | by Staff reporter

Retailers, service providers switch to ZiG prices

SEVERAL businesses and key service providers had by yesterday successfully converted prices of their goods and services to the new Zimbabwe Gold (ZiG) currency to ensure smooth consumer transactions.However, the banking system was still to…

Published: 10 Apr 2024 at 06:02hrs | 1 | by Staff reporter

DStv announces price increases

MultiChoice has announced its annual DStv price adjustments that will kick in on 1 April 2024.Prices will increase by between 3.1% and 7.8% across DStv's satellite pay-TV portfolio. DStv's streaming-only packages will remain unchanged.Stat…

Published: 20 Feb 2024 at 07:53hrs | 3 | by Staff reporter

Bread shoots to US$1,30 in Zimbabwe

PRICES of most basic commodities, particularly food items, have surged by more than 30% since last year as the Zimbabwe dollar continues to lose value against the greenback.The new 15% value-added tax (VAT) that kicked in on January 1 this…

Published: 22 Jan 2024 at 10:02hrs | 39 | by Staff reporter

Zimbabwe prices soar as new taxes kick in

THE year 2024 has started on a sombre note for citizens as prices of basic commodities surge in the wake of businesses implementing new government tax measures.Meat dealers have indicated that they will be factoring the 15% value-added tax…

Published: 05 Jan 2024 at 05:53hrs | 16 | by Staff reporter

'Zimbabwe to closely monitor commodity prices'

GOVERNMENT will continue to monitor basic commodity prices and availability of 14 key products to help consumers acquire essential goods at reasonable costs, Industry and Commerce minister Sithembiso Nyoni has said.Addressing the media on …

Published: 05 Jan 2024 at 05:52hrs | 14 | by Staff reporter

Schools inflate prices of uniforms

THE Government has called on parents to ignore unauthorised school fees for next term which begins in January, warning  that school heads found flouting regulations will face disciplinary action. This comes in the wake of reports that…

Published: 24 Dec 2023 at 16:08hrs | 12 | by Staff reporter

'Greedflation' rocks Zimbabwe

THE ZW$ gained by 4,8% on the Reserve Bank of Zimbabwe Foreign Exchange Auction Tuesday amid concerns that most retailers remain reluctant to reduce prices of basic goods.A trading update released at the close of weekly transactions shows …

Published: 12 Jul 2023 at 08:13hrs | 2 | by Staff reporter

Prices, currency manipulation is corruption, says Zacc

THE Zimbabwe Anti-Corruption Commission (Zacc) has described the country's rampant price hikes and alleged currency manipulation as corruption.Speaking during a National Anti-Corruption Strategy Steering Committee meeting for 2023, Zacc ch…

Published: 17 Jun 2023 at 08:10hrs | 1 | by Staff reporter

RBZ in bid to calm run on banks over currency fears

The Reserve Bank of Zimbabwe on Friday sought to calm a run on banks, insisting that depositors' funds were safe.Thousands of panicky Zimbabweans lined up in bank queues to withdraw their United States dollar balances, fearing a new bankin…

Published: 10 Jun 2023 at 17:53hrs | 2 | by Staff reporter

RBZ threatens to shut down businesses, prosecute directors over price hikes

The Reserve Bank of Zimbabwe on Friday threatened "punitive measures" against businesses accused of "illegal forward pricing practices thereby manipulating the foreign exchange rate.""In terms of the law, businesses are permitted to apply …

Published: 10 Jun 2023 at 17:53hrs | 2 | by Staff reporter

Mnangagwa reads riot act on prices

PRESIDENT Mnangagwa yesterday read the riot act on businesses that are working behind the scenes with vested foreign countries to hike prices to make the people suffer and turn against the Zanu-PF-led Government, especially as the country …

Published: 10 Jun 2023 at 17:45hrs | 2 | by Staff reporter

Chamisa blames Mnangagwa for soaring prices

CITIZENS Coalition for Change (CCC) President Nelson Chamisa has blamed President Emmerson Mnangagwa and Finance Minister Mthuli Ncube for Zimbabwe's runaway inflation that has seen prices of basics galloping beyond reach of many.The ZWL r…

Published: 01 Jun 2023 at 06:56hrs | 5 | by Staff reporter

Mthuli Ncube banks on new currency measures

Finance minister Mthuli Ncube on Monday announced new measures to encourage the use of the Zimbabwe dollar as opposed to the U.S. dollar, in a bid to boost the local unit and tame rising consumer inflation.The measures include a directive …

Published: 30 May 2023 at 15:10hrs | 2 | by Staff reporter

Mthuli Ncube tours Bulawayo shops, chides business for hiking prices

Continued unjustified fluctuation of prices of goods in supermarkets will force people to import basic commodities from outside the country, Finance Minister Professor Mthuli Ncube has stated.Prof Ncube made these remarks while touring sup…

Published: 28 May 2023 at 16:52hrs | 2 | by Staff reporter

Mthuli Ncube threatens crackdown on businesses

THERE was drama around Tredgold Building that houses the Bulawayo Magistrates Courts yesterday, as illegal money changers ran away at the sight of the Minister of Finance and Economic Development, Professor Mthuli Ncube, who promised a cra…

Published: 28 May 2023 at 07:59hrs | 2 | by Staff reporter

Anger mounts in Zimbabwe as prices rocket

ZIMBABWE'S currency further crashed this week, precipitating waves of basic commodity price hikes, which were slammed by consumer watchdogs.In a survey, the Zimbabwe Independent found that many Zimbabweans were  travelling to South Af…

Published: 19 May 2023 at 20:42hrs | 1 | by Staff reporter

Farmers defend raw sugar price increase

Small-scale sugarcane farmers, who supply 45 percent of raw sugar in Zimbabwe, have defended the new price of the commodity after Gold Star suspended production at its refinery in Harare this week citing high prices and unfavourable tradin…

Published: 17 Feb 2023 at 04:54hrs | | by Staff reporter

Gold Star Sugars shuts Harare refinery in Tongaat Hulett price row

Gold Star, a subsidiary of ZSE-listed StarAfrica, has temporarily closed its Harare refinery and placed employees on indefinite leave, citing a sharp increase in raw sugar prices by its supplier Tongaat Hulett.Gold Star commercial executiv…

Published: 14 Feb 2023 at 19:30hrs | 12 | by Staff reporter

Chiwenga calls Zimbabwe hotels to order

VICE-PRESIDENT Constantino Chiwenga has warned operators in the hospitality industry against charging exorbitant rates which he said contributed to economic instability.Officially opening the Hospitality Association of Zimbabwe (Haz) 2022 …

Published: 02 Dec 2022 at 05:04hrs | | by Staff reporter

Zimbabwe telcos hike bundle prices

Zimbabwe's telecommunications sector has reviewed its bundle prices, both in domestic (ZW$) and United States dollars (US$), to align with rising operation costs.This comes two weeks after the Postal and Telecommunications Regulatory of Zi…

Published: 14 Nov 2022 at 19:26hrs | 1 | by Staff reporter

Road works breathe life into Matebeleland South economy

GOVERNMENT has stepped up the rehabilitation of critical roads in Matabeleland South province under the Emergency Roads Rehabilitation Programme (ERRP2) with motorists praising the Second Republic for transforming the road network. Works o…

Published: 25 Aug 2022 at 06:33hrs | 2 | by Staff reporter

New economic measures out today

More Government measures to address the price rises in basic goods and services since the beginning of the year are expected to be announced today, President Mnangagwa told the Seventh National Congress of the Zanu-PF Women's League in Har…

Published: 25 Jun 2022 at 08:32hrs | | by Staff reporter

Chiwenga pleads with business

VICE-President Constantino Chiwenga yesterday pleaded with the business community to practise "ethical business ethos" and desist from unjustified price hikes.Officially opening the international business conference, which is running concu…

Published: 28 Apr 2022 at 09:04hrs | 1 | by Staff reporter

Gloomy Xmas...rising prices, costs dampen spirits

ZIMBABWEANS face yet another gloomy Christmas following a spike in the prices of basic goods at the onset of the festive season, made worse by a weakening local currency.The currency has been on a free-fall, forcing retailers to peg their …

Published: 24 Dec 2021 at 07:28hrs | 9 | by Staff reporter

SA consumers face higher prices in 2022

Various product prices are rising rapidly across the globe as the world opens after months of lockdown. As a result, food prices have been in the headlines, and SA is no exception.As a case in point, consumer food price inflation averaged …

Published: 02 Dec 2021 at 05:25hrs | 17 | by Staff reporter

Stockfeed prices surge 886%

THE cost of procuring raw materials for manufacturing stockfeed rocketed by 886% in 2020 after maize prices rose threefold during the period, according to the stockfeed Manufacturers Association (SMA).The sMA said in a report released last…

Published: 14 Mar 2021 at 06:21hrs | 1 | by Staff reporter

Fuel prices hiked

Fuel prices have been adjusted slightly upwards to $97,93c for petrol and $83,36 for diesel, the Zimbabwe Energy Regulatory Authority (ZERA) announced last night, while US dollar maximum prices have been reduced to US1,18 for petrol and US…

Published: 05 Sep 2020 at 09:30hrs | 14 | by Staff reporter

Zimbabwe fuel price seen rising weekly

ZIMBABWE Energy Regulatory Authority (Zera) chief executive Eddington Mazambani yesterday said it would be difficult to keep fuel prices stagnant given that duty is now calculated as a percentage of cost.Mazambani had appeared before the G…

Published: 09 Aug 2019 at 07:30hrs | 1 | by Staff reporter

Competition and Tariffs Commission exposes consumers

The Competition and Tariff Commission has banned the self regulation mechanisms which had been setup by the Grain Millers Association of Zimbabwe and other retailers in a bid to cushion the consumers from over pricing. In a statement relea…

Published: 05 Aug 2019 at 13:30hrs | 1 | by Mandla Ndlovu

PHOTOS: What goods now cost in Zimbabwe compared to South Africa

At the end of June, Zimbabwe banned the use of the rand, the US dollar, and other currencies as legal tender in the country.This brought to an end nearly a decade where these currencies were used as legal payment after the Zimbabwean dolla…

Published: 31 Jul 2019 at 09:03hrs | | by Staff reporter

Acting President Mohadi appeals to businesses on prices

Vice President Kembo Mohadi has appealed to local businesses to support the Government's economic realignment measures through implementing a fair pricing model to avoid causing unnecessary suffering of the people. In a speech read on his …

Published: 08 Jul 2019 at 07:56hrs | | by Staff reporter

Zimbabwe retailers in major price climbdown

THE price hike madness that had manifested in the country in recent weeks appears to be dissipating with some of the major players in the economy starting to see reason following the gazetting of Statutory Instrument (SI) 142 of 2019, whic…

Published: 08 Jul 2019 at 07:51hrs | 4 | by Staff reporter

Simbisa Brands slashes prices

LISTED quick service business, Simbisa Brands, has set the pace by slashing prices of its major products by 20 percent margins in response to monetary and fiscal consolidation measures being implemented by Government to stabilise the econo…

Published: 04 Jul 2019 at 07:57hrs | 12 | by Staff reporter

Mnangagwa's govt subsidises mealie-meal prices

GOVERNMENT has stepped in to subsidise mealie-meal production and pricing so as to ensure the commodity is accessible to every household. Essentially, Treasury is paying about RTGS$10 for every 10kg of mealie-meal sold by retailers as a wa…

Published: 25 Jun 2019 at 07:31hrs | | by Staff reporter

Tongaat gazettes retail sugar prices

Tongaat Hulett has gazetted recommended retail sugar prices for the commodity which is being overpriced. The prices for brown sugar are $4,99 for 1kg, $9,98 for 2kg, $24,95 for 5kg and $49,90 for 10kg. White sugar recommended prices are $5…

Published: 24 Jun 2019 at 09:29hrs | | by Staff reporter

High prices can be stopped

Price madness, some businesses may be 'fighting' government using the public (consumers) as pawns on a political chessboard. The dog eat dog price race calls for sober minds to restore sanity. Someone correctly pointed out that as long peo…

Published: 05 Jun 2019 at 18:53hrs | | by Tondorindo

Grain millers raise prices

THE Grain Millers Association of Zimbabwe (GMAZ) has increased recommended retail prices for mealie-meal, flour and rice which will see a 5kg bag of roller meal costing $9.60.  In a letter addressed to millers yesterday, GMAZ said sig…

Published: 05 Jun 2019 at 07:53hrs | 1 | by Staff reporter

Measures put in place to protect consumers from price increases

GOVERNMENT has put in place measures to protect consumers against wanton price increases, the Minister of Industry and Commerce, Nqobizitha Mangaliso Ndlovu, has said. The Minister also warned the retail sector against sabotaging Governmen…

Published: 01 Jun 2019 at 07:51hrs | 2 | by Staff reporter

Zimbabwe prices shock!

ZIMBABWEANS yesterday woke up to more retail shops charging in US dollars, with government joining in the bandwagon, amid shortages of basic commodities such as cooking oil and sugar.The development comes as another wave of price increases…

Published: 31 May 2019 at 18:21hrs | | by Staff reporter

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