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Zera warns errant service stations
THE Zimbabwe Energy Regulatory Authority (Zera) has warned service stations not using their own offshore funds against charging fuel in forex only. Zera said it is illegal for service stations...Published: 4 hrs ago | 413 | by Staff reporter
Fuel prices rise
THE Zimbabwe Energy Regulatory Authority (Zera) has increased the price of fuel by margins ranging between 30 percent and 33 percent with effect from yesterday.However, in a public notice, Zer...Published: 05 Aug 2020 at 18:32hrs | 3392 | by Staff reporter
Motorists plead for fuel dual pricing
Government should come up with legislation that makes it mandatory for service stations to sell fuel in both foreign and local currency in line with the prevailing exchange rate, motorists have said. ...Published: 04 Aug 2020 at 08:07hrs | 497 | by Staff reporter
Fuel smuggling ring busted
Multiple fuel smuggling scams are being run in Zimbabwe with cheap fuel being smuggled from Mozambique, sometimes mislabelled to avoid customs duty, and sold or re-exported for hard currency while fue...Published: 03 Aug 2020 at 07:47hrs | 816 | by Staff reporter
Forex fuel prices tumble
Fuel dealers allowed to charge in foreign currency are now competing on price, with most charging well below the legal maximums of US$1,28 a litre for petrol and US$1,09 for diesel. While fuel...Published: 16 Jul 2020 at 07:41hrs | 7929 | by Staff reporter
It is time for Mthuli Ncube to go
Finance minister of Zimbabwe, Mthuli Ncube, PhD (cantab), has become the poster child of everything that is wrong with the management of affairs in Zimbabwe. He must go. Then and only then, will Zimba...Published: 12 Jul 2020 at 10:58hrs | 5192 | by Kenneth Mufuka
Chamisa's MP approaches court over mandatory fuel blending
HARARE North member of the National Assembly and businessman Allan Markham has approached the High Court for an order to set aside regulations for the mandatory blending of anhydrous ethanol with unle...Published: 10 Jul 2020 at 07:18hrs | 2546 | by Staff reporter
'Zimbabwe's fuel pricing structure is flawed, uncompetitive'
AS the country reels under acute fuel shortages, compounded by the depreciating Zimbabwean dollar and limited foreign currency, senior reporter Tinashe Kairiza (TK) this week spoke to National Oil Inf...Published: 10 Jul 2020 at 07:11hrs | 1634 | by Staff reporter
Electricity tariff increase looms
The Zimbabwe Energy Regulatory Authority (ZERA) is assessing an application for an electricity tariff increase that was recently lodged by the Zimbabwe Electricity Transmission and Distribution Compan...Published: 30 Jun 2020 at 07:52hrs | 1082 | by Staff reporter
Zimbabwe fuel price hike raises ethanol eyebrows
ZIMBABWE'S fuel is the most expensive in the region following this week's price hike, amid grave concern over the cost component of locally-produced ethanol on the overall petrol price. Ethanol is sup...Published: 26 Jun 2020 at 07:55hrs | 2907 | by Staff reporter
Fuel prices spark public outrage
AS Zimbabwe's fuel crisis intensifies, we took time to track the number of times the Zimbabwe Energy Regulatory Authority (Zera) formally announced an increase in the price of fuel over the past 12 mo...Published: 26 Jun 2020 at 07:43hrs | 1926 | by Staff reporter
Zimbabwe returning to weekly fuel price increases
The Zimbabwe Energy Regulatory Authority (ZERA) on Thursday said it will revert back to reviewing prices of fuel on a weekly basis in line with movements in the exchange rate which wil...Published: 26 Jun 2020 at 06:52hrs | 398 | by Staff reporter
Govt mulls fuel price hike
Fuel prices might be reviewed upwards in order to address biting "artificial shortages" of the commodity on the local market, Energy and Power Development Minister Fortune Chasi has hinted.In ...Published: 14 Jun 2020 at 09:41hrs | 560 | by Staff reporter
Mnangagwa 'to re-activate freedoms promised' - shame, will never understand they are inalienable
Mnangagwa is a creature of habit - his habit is to make promises which he clearly has no intention of honouring. Empty promises! "Charovedzera charovedzera, gudo rakakwira mawere kwasviba!" as one wou...Published: 13 Jun 2020 at 13:20hrs | 5662 | by Patrick Guramatunhu
Zera adds third band of cheaper electricity
A third band of cheaper electricity has been added to existing two by energy regulator, Zimbabwe Energy Regulatory Authority (zera), that will help larger families that were struggling to remain withi...Published: 13 Jun 2020 at 09:10hrs | 608 | by Staff reporter
Petrol blending back to E20
The mandatory percentage of ethanol blending has been restored to 20 percent after sitting at 10 percent after ethanol production fell below market requirements. Energy and Power Develop...Published: 08 Jun 2020 at 07:09hrs | 1343 | by Staff reporter
Govt allays fuel shortage fears
Officials in the Ministry of Energy and Power Development are leaning on the Reserve Bank of Zimbabwe (RBZ) to release letters of credit (LCs) that are needed to release fuel for oil traders.I...Published: 07 Jun 2020 at 08:16hrs | 751 | by Staff reporter
Smart card system to track fuel supply chain
ZIMBABWE will soon have a smart card system to track fuel through the entire supply chain to the retail consumers. The Reserve Bank of Zimbabwe (RBZ) is working with the Harare Institute of Technology...Published: 06 Jun 2020 at 07:40hrs | 323 | by Staff reporter
High Court blocks big eight fuel monopoly
THE 2020 licensing of fuel-import companies has taken a dramatic twist after the High Court declared null and void the Zimbabwe Energy and Regulatory Authority (Zera)'s decision last month to licence ...Published: 05 Jun 2020 at 09:13hrs | 1910 | by Staff reporter
Price of fuel increases
THE price of fuel has been marginally increased with effect from today. Zimbabwe Energy Regulatory Authority (Zera) announced the new prices yesterday in line with Statutory Instrument 270 of 2019. ...Published: 05 Jun 2020 at 08:27hrs | 1114 | by Staff reporter
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 | 394 | 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 | 2245 | 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 | 2612 | 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 | 1421 | 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 | 2169 | 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 | 2789 | 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 | 761 | 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 | 5799 | 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 | 534 | 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 | 4219 | 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 | 3180 | 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 | 402 | 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 | 1291 | 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 | 200 | 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 | 156 | 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 | 1566 | 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 | 493 | 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 | 270 | 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 | 3455 | 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 | 937 | 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 | 1358 | 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 | 343 | 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 | 1549 | 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 | 194 | 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 | 3454 | 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 | 1438 | 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 | 4822 | 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 | 2892 | 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 | 413 | 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 | 195 | by Staff reporter
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