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Mnangagwa turns to Polad for economic solutions
EMBATTLED President Emmerson Mnangagwa has turned to Political Actors Dialogue (Polad) members to help him arrest the economic turmoil characterised by sky-rocketing prices of goods and services....Published: 8 hrs ago | 84 | by Staff reporter
Fuel prices up, again after govt pledged to lower the pump price
FUEL prices have gone up, hardly a week after government pledged to lower the pump price after increasing ethanol blending from E10 to E20.The Zimbabwe Energy Regulatory Authority (Zera) said ...Published: 8 hrs ago | 114 | by Staff reporter
Mnangagwa frets over shortages
PRESIDENT Emmerson Mnangagwa is reportedly fretting over shortages of basics, amid fears the situation could cause civil unrest.Fears abound in Zanu-PF corridors that the shortages could cost ...Published: 19 May 2022 at 06:42hrs | 4290 | by Staff reporter
ZESA hikes local currency rates
ELECTRICITY tariffs have reverted to the local currency equivalent of the US dollar charges of 2018 with the Zimbabwe Electricity Transmission and Distribution Company saying the adjustment is meant t...Published: 16 May 2022 at 06:22hrs | 637 | by Staff reporter
Chamisa's CCC in by-election landslide
CITIZENS Coalition for Change (CCC) was the biggest winner in the weekend by-elections to fill vacant seats following the recall of councillors by MDC Alliance leader Douglas Mwonzora.CCC, whi...Published: 09 May 2022 at 07:09hrs | 2657 | by Staff reporter
Zimbabwe power crisis worsens
STRUGGLING national power utility Zesa Holdings has extended a plea for help to big miners by constituting a group called the Energy Intensive Users Group (EIUG) to provide off-take guarantees in hard...Published: 06 May 2022 at 19:28hrs | 442 | by Staff reporter
Zimbabwe MP grieves over meagre salaries
LEGISLATORS are prone to corruption and capture by oligarchs because of the meagre salaries they earn, Norton legislator Themba Mliswa has said.The local lawmakers are among the least paid in ...Published: 04 May 2022 at 07:01hrs | 566 | by Staff reporter
Blending helping reduce fuel prices, claims Zera
ZIMBABWE's fuel could have been much more expensive had it not been for the reintroduction of blending, Zimbabwe Energy Regulatory Authority (Zera) has said, notwithstanding that its price is now the ...Published: 02 May 2022 at 08:03hrs | 257 | by Staff reporter
Divorce cases spike
The High Court in Harare recorded a staggering 47 divorce cases on Thursday last week while statistics show that 1 351 couples filed for divorce last year compared to 1 117 in 2020.Observers b...Published: 02 May 2022 at 08:00hrs | 421 | by Staff reporter
'Cartels controlling Zimbabwe fuel sector'
THE Zimbabwe Coalition on Debt and Development (Zimcodd) has alleged that the country's fuel sector is run by cartels that are manipulating fuel prices.In its weekly review on socio-economic d...Published: 28 Apr 2022 at 09:04hrs | 1283 | by Staff reporter
Zera's continued excessive fuel price increases worry Zimcodd
The Zimbabwe Coalition on Debt and Development (Zimcodd) has expressed worry over the continued excessive increase of fuel price by the Zimbabwe Energy Regulatory Authority (Zera).The worry ca...Published: 27 Apr 2022 at 08:06hrs | 1038 | by Stephen Jakes
Fuel hikes to worsen economic woes
GOVERNMENT yesterday increased prices of petrol and diesel by 23.78% and 18.23% respectively, a move that economists said will result in a hike in prices of basic goods and services and further erode ...Published: 26 Apr 2022 at 08:21hrs | 175 | by Staff reporter
Zimbabwe economy urgently needs tax reforms
For the fourth consecutive year, the Zimbabwe Revenue Authority (ZIMRA) has been exceeding budgeted quarterly and annual revenue targets (in ZW Dollar and in US Dollar terms). Even though the economy ...Published: 01 Apr 2022 at 12:40hrs | 1447 | by Victor Bhoroma
More Zimdollar fuel on the way
Government is setting up a separate foreign currency allocation platform for petroleum companies that sell fuel using the Zimbabwe dollar to increase the number of outlets doing so.Finance and...Published: 27 Mar 2022 at 07:28hrs | 133 | by Staff reporter
Mthuli Ncube's economic projections unrealistic
ECONOMIC analysts have dismissed Finance minister Mthuli Ncube's inflation and economic growth forecasts as unrealistic as they did not factor in the rising global oil crisis and the country's gallopi...Published: 25 Mar 2022 at 06:03hrs | 102 | by Staff reporter
Gweru bouncer hangs self
THE Zimbabwe Energy Regulatory Authority (Zera) has reviewed downwards the price of fuel in line with the prevailing international oil prices.The move brings relief to motorists who have exper...Published: 22 Mar 2022 at 05:44hrs | 743 | by Staff reporter
Fuel prices drop for Zimbabweans
THE Zimbabwe Energy Regulatory Authority (Zera) has announced a drop in the price of fuel for this week in accordance with the trends on the international market.In a public notice today, Zera...Published: 22 Mar 2022 at 05:44hrs | 498 | by Staff reporter
Zimbabwean toast fuel price cut
The cut in fuel prices by 8 US cents a litre following Government tax cuts has been welcomed by businesses and motorists who have been feeling the pinch after prices rose swiftly following the big jum...Published: 22 Mar 2022 at 05:41hrs | 132 | by Staff reporter
Zimbabwe mulls fuel levy cuts
Zimbabwe has hinted it may further reduce fuel levies to stymie a sustained spike in the domestic price of petroleum products after global prices soared on market uncertainty due to the conflict betwe...Published: 21 Mar 2022 at 06:23hrs | 228 | by Staff reporter
Headwinds piling up for Zimbabwe
The United States Agency for International Development (USAid)'s food security arm, the Famine Early Warning Systems Network (Fewsnet) has warned of below average harvests this year and a shortlived i...Published: 18 Mar 2022 at 05:37hrs | 1014 | by Staf reporter
Zera arrest 12 illegal fuel and gas dealers
Zimbabwe Energy Regulatory Authority Chief Executive Officer, Edington Mazambani recently said there are two service stations that contravened the law and...Published: 17 Mar 2022 at 15:01hrs | 1301 | by Stephen Jakes
Forex shortage hampers Zimbabwe power imports
ZESA says it has not started planned power imports from the region to plug a yawning domestic supply gap due to shortage of foreign currency required to pay suppliers.Executive chairman Dr Syd...Published: 17 Mar 2022 at 05:44hrs | 178 | by Staff reporter
Soda Zhemu warns power outages will persist until ZESA charges 'viable tariff'
Energy minister Soda Zhemu says power cuts will persist because Zimbabwe's electricity is too cheap, a situation he says is pushing "unproductive" demand by domestic customers.Zhemu is support...Published: 14 Mar 2022 at 20:39hrs | 347 | by Staff reporter
Chamisa promises Zimbabweans cheap fuel if he wins
CITIZENS for Coalition Change (CCC) leader Nelson Chamisa claims he will ensure there is a significant reduction in the price of fuel if he becomes president of Zimbabwe.Government increased t...Published: 14 Mar 2022 at 05:37hrs | 1320 | by Staff reporter
Machete gang leader shot dead by police
A MACHETE gang leader was fatally shot by police in Bindura after the gang attacked detectives who had come to rescue mine workers it had kidnapped and assaulted over a mining dispute.The inci...Published: 13 Mar 2022 at 08:01hrs | 295 | by Staff reporter
Mnangagwa blocks another fuel price increase
PRESIDENT Mnangagwa has directed the Government to enforce domestic remedies, including a reduction of duty on petroleum products, to control the price of fuel which went up last week on account of ge...Published: 13 Mar 2022 at 08:01hrs | 231 | by Staff reporter
Russia-Ukraine war: Zimbabwe braces for severe crisis
ZIMBABWE should brace for more price hikes of basic commodities and debilitating fuel hikes in the wake of the Russia-Ukraine war with observers this week warning the situation in the country may get ...Published: 11 Mar 2022 at 18:16hrs | 445 | by Staff reporter
Forex constraints impact on fuel supply in local currency
FOREIGN currency constraints are hindering the supply of fuel sold in local currency, the Zimbabwe Energy Regulatory Authority (Zera) has said.This week, Zera announced an increase in the pric...Published: 11 Mar 2022 at 05:41hrs | 161 | by Staff reporter
Fuel price hikes will increase price of goods and services, economists say
The recent hikes in fuel prices are likely to have an adverse impact on the economy as prices of basic commodities are likely to increase, the business community has said.The Zimbabwe Energy R...Published: 10 Mar 2022 at 17:34hrs | 382 | by Staff reporter
Who is benefiting from Zimbabwe's crazy fuel price hikes?
THE government is at it again, making the lives of Zimbabweans unbearable and the country nearly unlivable due to high fuel prices. And the worst is yet to come, after the Zimbabwe Energy Regulatory A...Published: 10 Mar 2022 at 06:11hrs | 1095 | by Staff reporter
Park your cars, use Zupco if you can't afford fuel, says Soda Zhemu
THE government yesterday said Zimbabweans must use public transporter, Zupco to escape high fuel prices after announcing another hike and warning of weekly increases.Yesterday, the Zimbabwe En...Published: 10 Mar 2022 at 06:10hrs | 847 | by Staff reporter
Govt blames international developments after hiking fuel prices twice in 4 days
Energy and Power Development Minister, Zhemu Soda, has explained the frequent fuel price increases saying they are a result of international developments which Zimbabwe has no control over.He ...Published: 10 Mar 2022 at 05:54hrs | 111 | by Staff reporter
Fuel prices rise up again...twice in same month
The Zimbabwe Energy Regulatory Authority has issued a circular informing the public of an increase in the price of fuel. Accordingly, the new price of diesel is US$1.68 or RTGS218.01 up from U...Published: 09 Mar 2022 at 13:56hrs | 1336 | by Mandla Ndlovu
ZUPCO warns passengers of transport challenges on Tuesday evening
The state-owned Zimbabwe United Passenger Company has warned passengers that they should expect transport challenges on Tuesday evening due to fuel shortages. The company has a monopoly over t...Published: 08 Mar 2022 at 11:20hrs | 1574 | by Mandla Ndlovu
Zera announces LPG price increase
The Zimbabwe Energy Regulatory Authority (ZERA) has announced an upward review on liquefied petroleum gas (LPG).Retail price for LPG has been set at US$2.07 up from, US$2.03 and ZWL$268.11 up ...Published: 08 Mar 2022 at 05:41hrs | 303 | by Staff reporter
Machete ringleader killed in police shootout
AN alleged ringleader of illegal gold miners, Claudius Tavazera (21) was on Friday gunned down by the police in a shootout in Bindura.In a statement yesterday, police said Tavazera was on thei...Published: 08 Mar 2022 at 05:41hrs | 379 | by Staff reporter
Fuel prices go up
THE price of fuel in Zimbabwe, like in most parts of the world, has shot up due to tensions in Eastern Europe, resulting is some garages selling petrol as much as US$1.60 per litre.The Zimbabw...Published: 06 Mar 2022 at 08:21hrs | 597 | by Staff reporter
Russia-Ukraine war triggers fuel price hike
THE Zimbabwe Energy Regulatory Authority (Zera) on Friday announced an upward review of the price of petrol and diesel, saying the war pitting Russia and Ukraine had partly contributed to the hike....Published: 06 Mar 2022 at 08:14hrs | 42 | by Staff reporter
Zimdollar fuel points to increase
The Government will increase service stations selling fuel in local currency as part of deliberate measures to make it affordable to many people, Senate heard yesterday.Energy and Power Develo...Published: 18 Feb 2022 at 05:31hrs | 318 | by Staff reporter
Zimbabwe fuel consumption hits 1,2bn litres after bounce back
ZIMBABWE'S fuel consumption increased to almost 1,2 billion litres during the 11 months to November last year, compared to just over one billion litres in 2020, data from the energy regulator showed y...Published: 20 Jan 2022 at 05:35hrs | 286 | by Staff reporter
LPG prices reduced
LIQUEFIED petroleum gas (LPG) users will pay 4,3 percent less this month after the Zimbabwe Energy Regulatory Authority reduced the retail price for the commodity in both local and foreign currency....Published: 11 Jan 2022 at 18:36hrs | 1275 | by Staff reporter
Zimbabwe abandons mandatory ethanol blending, reduces fuel prices
THE Zimbabwe Energy Regulatory Authority (Zera) yesterday scrapped the mandatory fuel blending directive introduced in 2011.The introduction of mandatory blending came against the backdrop of ...Published: 08 Jan 2022 at 06:07hrs | 1247 | by Staff reporter
Zimbabwe ditches fuel blending
Zimbabwe Energy Regulatory Authority (ZERA) has announced that the petrol blending ratio has been reduced to zero. In a statement, ZERA advised that the blending ratio has been reviewed from E...Published: 07 Jan 2022 at 19:37hrs | 680 | by Staff reporter
Zera defers fuel price adjustment
THE Zimbabwe Energy Regulatory Authority (Zera) yesterday advised fuel operators to continue using the December 2021 fuel prices as it monitors developments on the international market and awaits fina...Published: 06 Jan 2022 at 19:06hrs | 580 | by Staff reporter
Zesa targets to expand grid, maintenance
The 12,3 percent increase in electricity tariffs this month will allow Zesa to pay for more imports, connect many new houses to the grid, executive chairman Dr Sydney Gata has said.Energy regu...Published: 04 Jan 2022 at 05:53hrs | 68 | by Staff reporter
Zera extends span for fuel procurement licences
The Zimbabwe Energy Regulatory Authority (ZERA) has extended by two weeks the expiration date for fuel procurement licenses that were supposed to lapse yesterday, to ensure adequate supply of fuel on ...Published: 01 Jan 2022 at 13:52hrs | 113 | by Staff reporter
Bread price set to rise
ZIMBABWE'S baking sector has been thrown off balance by escalating fuel prices and deadly power cuts that have recently rattled the economy.So dire is the situation that some baking industry e...Published: 24 Dec 2021 at 16:39hrs | 1481 | by Staff reporter
No need to panic over fuel: ZERA
Zimbabwe Energy Regulatory Authority (ZERA) chief executive Edington Mazambani said that people should not panic over fuel crisis that has been experienced in the nation because everything is under co...Published: 12 Dec 2021 at 21:30hrs | 426 | by Tarisai Mudahondo
Fuel availability normalises
FUEL availability across the country is set to improve beginning today, following the completion of scheduled maintenance work on a fuel pumping terminal at the port of Beira in Mozambique, allowing f...Published: 12 Dec 2021 at 20:07hrs | 25 | by Staff reporter
Gas price up 4,3%
LIQUIFIED Petroleum Gas (LPG) gas users will pay 4,3 percent more this month after the Zimbabwe Energy Regulatory Authority (Zera) increased the retail price for the commodity in both local and foreig...Published: 12 Dec 2021 at 20:01hrs | 19 | by Staff reporter
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