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Relief for small fuel importers
Small fuel companies are now allowed to import fuel after the High Court on Wednesday overturned the decision by the Zimbabwe Energy Regulatory Authority (Zera) to issue import licences to only eight ...Published: 29 May 2020 at 07:41hrs | 387 | by Staff reporter
Motorists shun forex fuel
MOTORISTS in Bulawayo are shunning service stations which sell fuel in foreign currency and opting to fill their tanks from those charging in local currency as the exchange rate continues to shoot thr...Published: 27 May 2020 at 07:16hrs | 2232 | by Staff reporter
Zimbabwe fuel crisis set to worsen
DESPERATE motorists are set to endure more anguish at fuel pumps, after authorities admitted at the weekend that they were struggling to get foreign currency to import petrol and diesel.This c...Published: 25 May 2020 at 13:02hrs | 2527 | by Staff reporter
Government speaks on fuel hike claims
Government has said it will only announce fuel prices on the gazetted 5th of every month and the public should ignore false claims regarding price hikes that have been circulating since long queues re...Published: 23 May 2020 at 08:32hrs | 1408 | by Staff reporter
Showdown over fuel import licences
A fresh dispute over the licensing of fuel importers has erupted with a group of local players allegedly sidelined by the Zimbabwe Energy Regulatory Authority (Zera) petitioning the government to revi...Published: 18 May 2020 at 08:05hrs | 2150 | by Staff reporter
Cornered robber surrenders
A cornered robber, who was allegedly part of a gang that stole US$59 000 from a businessman after posing as police officers enforcing lockdown regulations in Harare city centre, surrendered himself to...Published: 14 May 2020 at 17:06hrs | 2780 | by Staff reporter
Fuel queues resurface
LONG winding queues have resurfaced at fuel stations in Bulawayo with motorists expressing frustration over the situation during the lockdown. Service station staffers who spoke to reporters y...Published: 12 May 2020 at 07:40hrs | 753 | by Staff reporter
BREAKING: Zimbabwe reduces the price of fuel
Zimbabwe Energy Regulatory Authority (ZERA) fa announced the reduction of fuel prices with effect from Tuesday 5 May. In a statement released on Tuesday the maximum pump price of fuel is as fo...Published: 05 May 2020 at 11:02hrs | 5782 | by Mandla Ndlovu
Robbers in police uniform vanish with US$59 000
A gang of robbers, fed with information by an inside accomplice, robbed a Harare businessman of US$59 000, by pretending to be police officers enforcing lockdown regulations and then two of them squan...Published: 29 Apr 2020 at 07:43hrs | 529 | by Staff reporter
Robbers in police uniform vanish with US$59 000
A gang of robbers, fed with information by an inside accomplice, robbed a Harare businessman of US$59 000, by pretending to be police officers enforcing lockdown regulations and then two of them squan...Published: 27 Apr 2020 at 23:58hrs | 4215 | by Staff reporter
WATCH: Zimbabwe mealie meal shortage explained
Zimbabwe is currently facing a manageable maize meal crisis due to the stringent lockdown conditions that were imposed upon a number of countries that supply Zimbabwe with maize.Grain Millers ...Published: 26 Apr 2020 at 23:11hrs | 3155 | by Mandla Ndlovu
Govt targets errant gas retailers
THE Government will soon draft a policy framework to regulate the sale of LP Gas, as it moves to stop rampant profiteering and unethical practices in the sector.Demand for LP Gas has shot up o...Published: 26 Apr 2020 at 12:13hrs | 394 | by Staff reporter
Fuel prices will fall, says Zera
ZIMBABWE Energy Regulatory Authority (Zera) acting chief executive officer Eddington Mazambani says the fall in global crude oil prices will likely cause local prices to fall.Due to uncertaint...Published: 22 Apr 2020 at 08:36hrs | 1284 | by Staff reporter
Zimbabwe fuel companies should account for forex allocations
ZIMBABWE has been experiencing fuel challenges for the past two years notwithstanding the huge foreign exchange allocations by the central bank, which average around US$80 million per month, including...Published: 21 Apr 2020 at 07:52hrs | 196 | by Andrew Lampard
Health workers ready to defend nation
As Zimbabwe deepens the fight against Covid-19 by intensifying the screening, testing and isolation suspected cases, health workers remain determined to save lives despite the obvious risk associated ...Published: 20 Apr 2020 at 08:00hrs | 151 | by Staff reporter
Haters are plotting to destroy Bev's marriage
DANCER Beverly "Bev" Sibanda says haters are plotting to destroy her marriage through unfounded falsehoods.This follows reports that her marriage with UK based husband Chambuka Mufudzi was on ...Published: 13 Apr 2020 at 11:57hrs | 1554 | by Staff reporter
Fuel price hike linked to exchange rate: Zera
THE Zimbabwe Energy Regulatory Authority (Zera) says the latest fuel price increase has been caused by the recent adjustment in the forex exchange rate, which is now fixed at US$1:ZWL$25 on official p...Published: 08 Apr 2020 at 07:54hrs | 486 | by Staff reporter
Zimbabwe petrol price up by $3 while World prices drop
The price of petrol has gone up by $3,07c to $21,77c while diesel is now $21,52 per litre. Before the price adjustment took effect from yesterday, diesel was retailing at $18,66 and petrol at $18,70. ...Published: 06 Apr 2020 at 07:54hrs | 268 | by Staff reporter
Zimbabwe hikes fuel prices
The Zimbabwe Energy Regulatory Authority (ZERA) has approved an increase in the price of fuel after the government increased the amount of exercise duty. The new fuel prices are effective Sunday...Published: 05 Apr 2020 at 14:23hrs | 3444 | by Staff reporter
High Court orders Zera to suspend licensing fees hike
The High Court has ordered the Zimbabwe Energy Regulatory Authority (Zera) to suspend its new licensing requirements for fuel companies after a successful challenge by indigenous firms, it has emerged...Published: 25 Mar 2020 at 08:40hrs | 933 | by Staff reporter
Fuel players challenge licence fees hike
THE Indigenous Petroleum Association of Zimbabwe (Ipaz) has filed an urgent chamber application at the High Court seeking to interdict the Zimbabwe Energy Regulatory Authority (Zera) from effecting th...Published: 19 Mar 2020 at 06:34hrs | 1347 | by Staff reporter
lllegitimate Regime's corrupt forex allocation, and policy inconsistencies responsible for perpetual fuel problems
The Movement for Democratic Change (MDC) has said it is increasingly concerned by the never-ending propensity by the ZANU(PF) regime for corrupt tendencies in foreign currency allocations; as well as ...Published: 16 Mar 2020 at 07:17hrs | 339 | by Stephen Jakes
Zera in major climb down
Zera has buckled under pressure from indigenous petroleum companies and withdrawn an earlier announcement of a hike in fuel procurement licences by 8 600%. After a two-month wait, Zera announc...Published: 16 Mar 2020 at 07:04hrs | 1546 | by Staff reporter
Govt to deal with corrupt fuel retailers
GOVERNMENT has activated high-level systems to deal with corrupt fuel retailers engineering artificial shortages, with strict surveillance and penalties crafted to clean up the sector.Ch...Published: 15 Mar 2020 at 08:50hrs | 188 | by Staff Reporter
Service stations in Bulawayo hike fuel prices
SOME Bulawayo service stations selling fuel in foreign currency have hiked prices, reportedly in response to the Zimbabwe Revenue Authority's (Zimra) foreign currency duty demand for petrol and diesel...Published: 14 Mar 2020 at 08:15hrs | 3446 | by Staff Reporter
'ZERA has no capacity to monitor fuel stations illegally selling in forex'
The Zimbabwe Energy Regulatory Authority (ZERA) has no capacity to monitor and ensure that authorised service stations are the only ones selling fuel in forex, energy deputy minister Magna Mudyiwa has...Published: 13 Mar 2020 at 17:32hrs | 1433 | by Staff Reporter
'NetOne boss Muchenje allocated himself and his wife $895 000 as a holiday allowance' - report
STATE-OWNED telecommunications firm NetOne chief executive Lazarus Muchenje, whose suspension was lifted yesterday by the High Court on a technicality, is facing numerous charges, in which he is accus...Published: 13 Mar 2020 at 06:11hrs | 4777 | by Staff reporter
Zera elbows out small petroleum players
Zimbabwe's energy regulator has announced stringent regulations for the petroleum sector that could elbow out new entrants amid concerns that this could result in the emergence of an oligopoly, Busine...Published: 12 Mar 2020 at 10:00hrs | 2888 | by Staff reporter
Forex fuel irks transports operators, motorists
GOVERNMENT'S decision to licence a number of service stations to sell fuel in foreign currency as the Emmerson Mnangagwa administration battles to rein in recalcitrant economic problems has irked publ...Published: 08 Mar 2020 at 08:26hrs | 406 | by Staff reporter
More garages to sell fuel in forex
THE Zimbabwe Energy Regulatory Authority (Zera) has started the process of compiling more applications from petroleum companies which have expressed interest to sell fuel in foreign currency.L...Published: 08 Mar 2020 at 08:22hrs | 190 | by Staff reporter
Government threatens to deregister fuel suppliers
GOVERNMENT has threatened to deregister fuel suppliers who withhold fuel in garages for speculation or for selling at inflated foreign currency rates against gazetted prices. This comes after ...Published: 07 Mar 2020 at 06:44hrs | 447 | by Staff reporter
Government tightens surveillance on forex fuel dealers
GOVERNMENT is tightening surveillance mechanisms to ensure fuel procured using free funds under the Direct Fuel Import (DFI) facility is not abused by dealers in the sector. Of late, there hav...Published: 05 Mar 2020 at 05:43hrs | 404 | by Staff reporter
Zacc investigates fuel retail companies
The Zimbabwe Anti-Corruption Commission (ZACC) will investigate reports of fuel hoarding by oil companies that allegedly received, in the past week, 20 million litres of diesel and almost 9 million li...Published: 05 Mar 2020 at 05:37hrs | 204 | by Staff reporter
Zera registers more forex fuel dealers
THE Zimbabwe Energy Regulatory Authority (Zera) has invited more fuel companies to sell fuel in foreign currency in yet another clear sign that the economy was fast redollarising.Last month, a...Published: 04 Mar 2020 at 08:07hrs | 1252 | by Staff reporter
RBZ to release US$120m for fuel
The Reserve Bank of Zimbabwe (RBZ) has earmarked US$120 million this month to import around 200 million litres of fuel for the general local currency market, with US$18,5 million letters of credit con...Published: 04 Mar 2020 at 07:50hrs | 223 | by Staff reporter
Diesel price reduced as RBZ releases funds to oil firms
GOVERNMENT and oil firms have agreed on a reduced diesel price of $17,28 per litre following a decline in oil prices on the international market. Previously, diesel cost $19,55 per litre, maki...Published: 04 Mar 2020 at 07:50hrs | 304 | by Staff reporter
Diesel price reduced
GOVERNMENT and oil firms have agreed on a reduced diesel price of $17,28 per litre following a decline in oil prices on the international market. Previously, diesel cost $19,55 per litre, maki...Published: 04 Mar 2020 at 07:35hrs | 1731 | by Staff Reporter
Reserve Bank of Zimbabwe to release US$120m for fuel
The Reserve Bank of Zimbabwe (RBZ) has earmarked US$120 million this month to import around 200 million litres of fuel for the general local currency market, with US$18,5 million letters of credit con...Published: 04 Mar 2020 at 07:17hrs | 1453 | by Steve Grays
Zimbabwean motorists gets a fuel price breather
Zimbabwean motorists are paying slightly more for petrol and much less for diesel, according to price changes announced by Zimbabwe Energy Regulatory Authority. The changes took effect on Friday....Published: 03 Mar 2020 at 07:40hrs | 2422 | by Staff reporter
Open letter to Energy minister Fortune Chasi
Dear Fortune ChasiI have known you as the man who reaches out. Your humour and personality projected through your social media posts is simply outstanding. Your public relations record must be...Published: 02 Mar 2020 at 08:59hrs | 302 | by Jairos Saunyama
Fuel cheats exposed
FUEL retailers could be hoarding fuel for speculative purposes or diverting the commodity to either the black market or service stations that sell in foreign currency amid revelations they drew down i...Published: 01 Mar 2020 at 08:49hrs | 4010 | by Staff Reporter
'ZESA committing genocide in Matobo' says Linda Masarira
LEAD Zimbabwe President Linda Masarira has taken ZESA head on over what she called systematic genocide through the continued lack of electricity in Matobo District. Masarira said the company was b...Published: 27 Feb 2020 at 14:06hrs | 1743 | by Mandla Ndlovu
Zimbabwe fuel imports gobble US$1.2 billion
Zimbabwe spends over US$1.2bn yearly on the importation of petroleum products despite the crippling fuel shortages that the country continues to endure, Business Times reported.The fuel crisis...Published: 27 Feb 2020 at 12:16hrs | 1272 | by Staff reporter
US dollar fuel helps save forex, claims Mangudya
The move by the central bank to allow all fuel service stations with free funds to import fuel for sale in foreign currency, will help the economy save much-needed critical foreign currency, Reserve B...Published: 26 Feb 2020 at 05:53hrs | 507 | by Staff reporter
Mangudya defends Mnangagwa linked Zuva for selling fuel in forex
THE coming in of more fuel service stations licensed to sell in foreign currency will not jeopardise the de-dollarisation process, but will increase options for motorists and help bring more forex fro...Published: 24 Feb 2020 at 06:31hrs | 1932 | by Staff reporter
Fuel situation to improve
THE Government has assured members of the public that the fuel situation in the country will improve starting from today after the Reserve Bank of Zimbabwe allocated foreign currency to some indigenou...Published: 20 Feb 2020 at 05:27hrs | 1589 | by Staff reporter
Zera gives final warning to two fuel companies
THE Zimbabwe Energy Regulatory Authority (Zera) has issued a final warning to two fuel firms who risk losing their licences without a hearing if they wantonly increase fuel prices in future based on f...Published: 19 Feb 2020 at 06:36hrs | 2954 | by Staff reporter
ZERA speaks on fuel price increase reports
The Zimbabwe Energy Regulatory Authority (ZERA) has advised members of the public not to believe reports that the pr8ice of fuel has gone up. In a statement on Monday ZERA said, "We would like...Published: 17 Feb 2020 at 13:42hrs | 3232 | by Mandla Ndlovu
Green Fuel demands lost fuel from NOIC
Green Fuel (Pvt) Ltd boss Billy Rautenbach has approached the court seeking to amend his lawsuit against the National Oil Infrastructure Company of Zimbabwe (Pvt) Ltd (Noic) in which he is seeking com...Published: 17 Feb 2020 at 10:45hrs | 691 | by Staff reporter
Zimbabwean man jumps to death in SA
THE Zimbabwean community in northern Johannesburg suburb of Windsor East is reeling in shock following the untimely death of one of their own who 'accidentally' plunged down a two-storey block of flat...Published: 06 Feb 2020 at 19:43hrs | 3178 | by Staff reporter
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