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Zimbabwe's fuel black market returns
Illegal fuel dealers have re-emerged on the streets of Bulawayo, selling smuggled petrol and diesel in defiance of government regulations mandating ethanol blending. The illicit traders claim their fu...Published: 30 Nov 2024 at 12:57hrs | 6190 | by Staff reporter
ZERA enforces ethanol blending mandate amidst controversy
The Zimbabwe Energy Regulatory Authority (ZERA) has reaffirmed its directive for full compliance with Statutory Instrument 150 of 2024, which mandates the blending of anhydrous ethanol with unleaded p...Published: 26 Nov 2024 at 14:16hrs | 1887 | by Staff reporter
Fuel price decrease brings welcome relief to SA consumers
Consumers in South Africa will be able to stretch their rands a little further this month after the fuel price decreases were announced this past week.The Department of Mineral Resources and E...Published: 08 Sep 2024 at 09:39hrs | 105 | by Staff reporter
Zimbabwe bans unleaded fuel
The government has introduced new regulations banning unleaded petrol in Zimbabwe to encourage the use of environmentally friendly fuel and reduce reliance on imported fuel. The ban was announced thro...Published: 31 Aug 2024 at 11:10hrs | 248 | by Staff reporter
Service station in trouble for selling poor quality petrol
A service station in Burnside, Bulawayo, was taken to court for selling substandard petrol. Sydney Singende, 31, representing Flo Burnside Service Station, pleaded guilty before Bulawayo magis...Published: 07 Aug 2024 at 14:51hrs | 1007 | by Staff reporter
Zimbabwe sets minimum standards for unleaded petrol
THE Minister of Energy and Power Development, has adopted the revised ZWS 753:2020 (Unleaded Petrol) standard, as the standard for unleaded petrol RON 93 and all fuel importers are advised that in fiv...Published: 30 Nov 2023 at 06:53hrs | 7 | by Staff reporter
More painful petrol, diesel hikes in South Africa
Motorists can expect hikes of over R1 for all grades of fuel from Wednesday.The unleaded petrol price (95) will be hiked by R1.14 a litre, while 93 will be increased by R1.08. Diesel (0.05% su...Published: 03 Oct 2023 at 14:27hrs | 2 | by Staff reporter
3 Zimra officers involved in 'well-thought-out' fuel fraud arrested
Three Zimbabwe Revenue Authority (ZIMRA) employees stationed at Chirundu Border Post have been arrested on fraud charges, while another is on the run, accused of conspiring to misrepresent the passage...Published: 29 Sep 2023 at 06:33hrs | 5 | by Staff reporter
Zera reviews fuel prices
THE Zimbabwe Energy Regulatory Authority (Zera) has announced a drop in the price of diesel and a slight increase for petrol blend effective today.In its latest monthly update, the regulator s...Published: 06 Mar 2023 at 15:00hrs | 7 | by Staff reporter
Zimra ordered to surrender 100 000 litres of seized fuel
THE Zimbabwe Revenue Authority (Zimra) has been ordered to surrender over 100 000 litres of petrol and trucks seized from a local trucking company after it emerged this was unlawfully done.Thi...Published: 04 Feb 2023 at 20:15hrs | 1 | by Staff reporter
Petrol price drops to $1.48 USD
The Zimbabwe Energy Regulatory Authority (ZERA) has announced new fuel prices as of today the 21st of December 2022.The price of Petrol has since dropped from US $1.50 per litre to US $1.48 pe...Published: 21 Dec 2022 at 13:00hrs | | by Mzingaye Nxumalo
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 | | by Staff reporter
Zimbabwe govt reduces fuel prices
Mandatory blending of ethanol in unleaded petrol has been increased from 10 percent to 20 percent at the end of this month to reduce fuel price increases on the global market and give a relief to ...Published: 18 May 2022 at 18:45hrs | | by Staff reporter
Ethanol blending up increased to 20% to kill injectors
Mandatory blending of ethanol in unleaded petrol has been increased from 10 percent to 20 percent at the end of this month to reduce fuel price increases on the global market and give a relief to ...Published: 18 May 2022 at 06:18hrs | | by Staff reporter
Rautenbach enjoys Zanu-PF links
MULLER Conrad "Billy" Rautenbach is one of the most controversial business moguls in Zimbabwe, with several legal challenges against him and his company Green Fuel. Rautenbach, who is into vast mining...Published: 09 Oct 2021 at 07:35hrs | 14 | by Staff reporter
Security taskforce intercepts 2 fuel tankers
The national security taskforce has intercepted two fuel tankers carrying 43 000 litres of fuel that was being smuggled from South Africa to Zimbabwe via the Beitbridge Border Post. Each truck...Published: 17 Sep 2021 at 06:06hrs | 1 | by Staff reporter
Errant fuel dealers face arrest
Petroleum companies buying fuel in local currency and then selling it in United States dollars will face prosecution and other legal action, Energy and Power Development Minister Zhemu Soda has warned...Published: 04 Jun 2021 at 07:02hrs | | by Staff reporter
Zera board flies into fuel storm
THE new Zimbabwe Energy Regulatory Authority (Zera) board received a baptism of fire at its first meeting with oil firms on February 18, as indigenous operators rejected a requirement to raise a ZW$30...Published: 05 Mar 2021 at 06:59hrs | | 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 | 2 | 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 | 2 | 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
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 | 7 | by Staff reporter
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 | | by Staff reporter
Zimbabwe's import bill shows efforts to stock pumps and shelves
Fuel and food dominate Zimbabwe's import bill, showing the government's efforts to keep the economy running and store shelves stocked.Zimbabwe imported almost $80 million's worth of diesel las...Published: 28 Aug 2019 at 08:09hrs | | by Bloomberg
No changes in fuel quality: ZERA
The Zimbabwe Energy Regulatory Authority (ZERA) has dismissed claims that the quality of fuel sold in the country was now weaker, maintaining blending ratio of unleaded petrol with ethanol was consist...Published: 27 Aug 2019 at 21:24hrs | | by Staff reporter
Mthuli Ncube cornered over 'unexplained' forex expenditure
HARARE East legislator Tendai Biti (MDC Alliance) on Thursday last week demanded that Finance minister Mthuli Ncube explain to Parliament where the country's foreign currency has been going given that...Published: 29 Jul 2019 at 07:47hrs | | by Staff reporter
Zimbabwe trade deficit narrows by 71%
ZIMBABWE'S trade deficit narrowed by 71% to $325 million between February and May this year, with analysts attributing the decline to foreign currency shortages as well as a drop in the budget deficit...Published: 11 Jul 2019 at 07:24hrs | | by Staff reporter
Zimbabwe increases ethanol blending to 20%
GOVERNMENT has increased the mandatory ethanol blending of unleaded petrol from 10 percent to 20 percent with immediate effect. The increase of the ratio of ethanol to unleaded petrol is expec...Published: 08 Jun 2019 at 07:55hrs | | by Staff reporter
'No fuel price hike in Zimbabwe'
The Minister of Energy and Power Development, Joram Gumbo has allayed fears of a fuel price hike, dismissing claims of an increase on the pump price of petrol and diesel as false.This follows ...Published: 28 Apr 2019 at 07:54hrs | | by Staff reporter
Mandatory fuel blending ratio up
Government has increased the mandatory blending of unleaded petrol from five percent ethanol to 10 percent with immediate effect. This was announced in a extraordinary Government Gazette publi...Published: 26 Apr 2019 at 06:56hrs | | by Staff reporter
Government enforces mandatory blending of fuel
The Minister of Energy and Power Development Jorum Gumbo on Wednesday gazzetted a mandatory blending of Anhydrous Ethanol with Unleaded Petrol.In a General Notice 740A of 2019 the Minister sai...Published: 25 Apr 2019 at 21:24hrs | | by Mandla Ndlovu
Zimbabwe trade deficit drops by 90%
ZIMBABWE'S trade deficit dropped by 90% to $22,1 million in February this year with analysts attributing the decline to foreign currency shortages.Figures released by the Zimbabwe Statistics A...Published: 19 Apr 2019 at 07:26hrs | | by Staff reporter
Excise duty refund on fuel
The promulgation of Statutory instrument 72 of 2019 (Customs and Excise (Fuel supplied to approved beneficiaries) (Refund) Regulations, 2019, facilitates for approved beneficiaries to apply for a refu...Published: 14 Apr 2019 at 16:28hrs | | by Zimra
Zimbabwe trade registers $44,2m deficit
ZIMBABWE'S trade opened the year in the negative, registering a $44,2 million deficit in January, latest data from the statistics agency has shown.Figures released by the Zimbabwe Statistics A...Published: 14 Mar 2019 at 05:28hrs | 22 | by Staff Reporter
'Ethanol blending saves Zimbabwe millions'
RESERVE Bank of Zimbabwe governor John Mangudya on Thursday told Parliament that blending of ethanol with fuel has been saving the country millions of dollars.Mangudya had appeared before the ...Published: 11 Mar 2019 at 07:10hrs | 1 | by Staff reporter
NOIC seeks US$1,5m for ethanol project
National Oil Infrastructure Company of Zimbabwe (Noic) says it requires about US$1,5 million to complete the construction of its two ethanol storage tanks at its Mabvuku depot in Harare.The fi...Published: 24 Feb 2019 at 06:54hrs | | by Staff reporter
Mnangagwa sued over fuel price hikes
PROGRESSIVE Teachers' Union of Zimbabwe (PTUZ) has petitioned the High Court seeking an order to reverse last month's 150% fuel price hike made by President Emmerson Mnangagwa, arguing that the move w...Published: 12 Feb 2019 at 07:51hrs | | by Staff reporter
Trade deficit widens
ZIMBABWE recorded a trade deficit of $2,3 billion in the period between February and December 2018, latest trade data has shown.Figures released by the Zimbabwe National Statistics Agency (Zim...Published: 29 Jan 2019 at 08:39hrs | | by Staff reporter
A review of Zimbabwe's trade performance in 2018
ZIMBABWE's exports have been on a steady growth path throughout the year but imports rose at a much even faster pace. In this piece, NewsDay's Mthandazo Nyoni looks at how the country has fared in the...Published: 01 Jan 2019 at 11:14hrs | | by Staff reporter
Govt releases $60m for fuel
Government has released US$60 million towards procurement of fuel to mitigate current shortages, a situation that had seen the emergence of unscrupulous fuel dealers charging more than double the gaze...Published: 01 Dec 2018 at 07:59hrs | | by Staff reporter
Zimbabwe's trade deficit now $1,6bn
ZIMBABWE'S trade deficit rose 28% to $1,6 billion over the period February to August 2018 from $1,25 billion recorded during the same period last year, further depleting the country's precarious impor...Published: 10 Oct 2018 at 06:52hrs | | by Staff reporter
$6m ethanol project takes shape
The National Oil Infrastructure Company of Zimbabwe (NOIC) is targeting to complete the construction of two ethanol storage tanks with capacity of 6 million litres at its Mabvuku Depot in Harare by en...Published: 17 Sep 2018 at 06:39hrs | 1 | by Staff reporter
Bulk fuel imports increase
SHIPPING agents at Beitbridge Border Post yesterday said they had observed a sharp increase in bulk fuel imports from South Africa, as the country moves to restore normal supplies following last week'...Published: 21 Jun 2018 at 07:04hrs | | by Staff reporter
Bulk fuel imports increase
SHIPPING agents at Beitbridge Border Post yesterday said they had observed a sharp increase in bulk fuel imports from South Africa, as the country moves to restore normal supplies following last week'...Published: 21 May 2018 at 07:29hrs | | by Staff reporter
Fuel prices to go down
THE price of diesel will go down next year as logistics associated with transporting the commodity will fall by half while the commodity will also be exempted from paying a road levy of 4c/litre...Published: 03 Dec 2017 at 08:19hrs | | by Staff reporter
Zimbabwe to ban 500 ppm diesel, sets deadline for migration to 50 ppm diesel
The Ministry of Energy and Power Development says Zimbabwe will be phasing out regular high sulphur diesel used in the country in favour of low sulphur 50 ppm as part of efforts to promote a cleaner e...Published: 27 Sep 2017 at 20:07hrs | | by Staff reporter
Zimbabwe's economic situation has imploded - MDC-T
The MDC is extremely concerned about the recent deterioration in the economic and financial situation in Zimbabwe.The liquidity crunch has now deepened as the bond note has virtually collapsed against...Published: 25 Sep 2017 at 07:34hrs | | by Obert Chaurura Gutu
Zimbabwe has expensive fuel in the region
Zimbabwe's fuel is the most expensive in southern Africa despite government introducing its controversial mandatory blending policy which forces fuel companies to mix unleaded petrol with ethanol as p...Published: 09 Jul 2017 at 13:43hrs | | by Staff reporter
Petrol blending increased to 20%
Government has increased petrol blending from 10 to 20 percent due to increasing supplies of ethanol.In March, government reduced to five percent from 15 percent the mandatory amount of local ...Published: 08 Jul 2017 at 15:26hrs | | by Staff reporter
Zimbabwe imports maize despite 'bumper harvest'
ZIMBABWE imported maize worth $82 million in the first five months of the year at a time the country was boasting of a bumper harvest, latest trade data from Zimbabwe National Statistics Agency (Zimst...Published: 06 Jul 2017 at 06:12hrs | | by Staff reporter
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