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NOIC plans to boost pipeline capacity to 5 billion litres annually
The National Oil Infrastructure Company of Zimbabwe (NOIC) has unveiled plans to significantly increase the country's fuel pipeline capacity to five billion litres per year by 2026. This ambitious pro...Published: 28 Nov 2024 at 06:51hrs | 721 | by Staff reporter
Chasi prepared to return to end ZESA woes
Former Energy and Power Development Minister, Fortune Chasi, has expressed his readiness to serve Zimbabwe once again as the country grapples with a worsening electricity crisis. The growing calls for...Published: 26 Nov 2024 at 18:13hrs | 770 | by Staff reporter
3 arrested for stealing 5,000litres of diesel from Feruka pipeline
Three suspects, Liberty Munyaradzi (34), Clementine Sikoti (39), and Itai Ndlovu (43), appeared before Harare Magistrate Apollonia Marutya yesterday, facing charges of stealing 5,000 litres of diesel ...Published: 26 Nov 2024 at 08:15hrs | 417 | by Staff reporter
Zimbabwe successfully performs open-heart surgeries on 10 children
In a milestone for Zimbabwe's healthcare sector, 10 children with congenital heart conditions underwent successful open-heart surgeries during a week-long medical camp at Parirenyatwa Hospital in Hara...Published: 16 Nov 2024 at 18:21hrs | 369 | by Staff reporter
SA businessman under scrutiny for US$850m Zimbabwe oil pipeline project
In an emerging narrative that intertwines immense financial stakes and allegations of corruption, South African businessman Errol Gregor is spotlighted for his involvement in a US$850 million oil pipe...Published: 22 Oct 2024 at 08:06hrs | 682 | by Staff reporter
Zimbabwe imposes another levy on expensive fuel in the region
The Zimbabwe Energy Regulatory Authority (ZERA) has introduced a nominal levy on both petrol and diesel to support its regulatory and compliance enforcement efforts, as well as to promote renewable en...Published: 14 Oct 2024 at 08:09hrs | 384 | by Staff reporter
Court orders Zimra to return seized truck & reimburse sold cargo
The High Court has ordered the Zimbabwe Revenue Authority (Zimra) to release a truck it had impounded, which was allegedly used to import an undeclared chemical. The truck and its cargo belonged to Si...Published: 01 Aug 2024 at 09:11hrs | 614 | by Staff reporter
Zimbabwe's daily fuel consumption reaches 5 million litres
Daily fuel demand in Zimbabwe has reached 5 million litres, with petrol accounting for 2 million litres and diesel for 3 million litres, according to Dr. Sosten Ziuku, director of energy conservation ...Published: 27 Jun 2024 at 06:44hrs | 91 | by Staff reporter
VID impounds Zupco buses
Several Zimbabwe Passengers Company (Zupco) buses were impounded by the Vehicle Inspectorate Department (VID) last week for lacking registration papers, highlighting the ongoing operational and financ...Published: 10 Jun 2024 at 08:43hrs | 3 | by Staff reporter
NOIC suffers blow in US$160,000 arbitration award
The High Court has ruled in favor of the contractor in a dispute with the National Oil Infrastructure Company of Zimbabwe (NOIC) overpayment for supplying and installing instrumentation, control, and ...Published: 28 May 2024 at 09:55hrs | 2 | by Staff reporter
NOIC loses US$164 000 suit
The High Court has ordered the National Oil Infrastructure Company (NOIC) to pay US$164,631 to a company that repaired its Mabvuku ethanol plant, after rejecting NOIC's attempt to challenge the arbitr...Published: 22 May 2024 at 09:38hrs | 2 | by Staff reporter
Mnangagwa's Mutapa fund plots parastatals shake-up
The MUTAPA Investment Fund (MIF), previously criticized as a conduit for elite enrichment, has declared its commitment to establishing robust governance frameworks aimed at reining in reluctant State ...Published: 11 Mar 2024 at 04:57hrs | | by Staff reporter
Zimbabwe's billion-dollar petroleum pipeline project on course
PROCUREMENT of equipment that will be used in the construction of Zimbabwe's second petroleum pipeline project valued at over US$1 billion is on course, the deal maker of the lucrative project told th...Published: 03 Dec 2023 at 11:46hrs | 11 | by Staff reporter
US$11m LP gas depot complete
GAS supplies are now more assured with the operationalisation of the first phase of the US$11 million liquefied petroleum gas (LPG) storage and handling facility with a holding capacity of 650 tonnes ...Published: 30 Nov 2023 at 06:51hrs | 10 | by Staff reporter
Mnangagwa commissions US$7.3m plant
PRESIDENT Mnangagwa yesterday commissioned a US$7,3 million National Oil Company of Zimbabwe (NOIC) ethanol storage and handling facility, that will help save foreign currency, create employment and p...Published: 09 Nov 2023 at 05:53hrs | 11 | by Staff reporter
NOIC in US$20m upgrade of Feruka pipeline
THE National Oil Infrastructure Company (NOIC) has partnered Mozambican fuel company Companhia do Pipeline Moçambique Zimbabwe (CPMZ) in a US$20 million Feruka pipeline upgrade project to...Published: 31 May 2022 at 06:30hrs | | by Staff reporter
Filling station sells petrol contaminated with water
A FUEL garage in Lupane is reportedly selling water contaminated petrol and a number of vehicles that were served at the filling station last week have been affected.Three cars reportedly fail...Published: 23 May 2022 at 06:38hrs | | by Staff reporter
Noic boss under corruption probe
NATIONAL Oil and Infrastructure Company (Noic) chief executive officer Wilfred Matukeni has been placed under investigation by the Zimbabwe Anti-Corruption Commission (Zacc).The development fo...Published: 22 May 2022 at 11:17hrs | 6 | by Staff reporter
Male contraceptive pill found 99 percent effective in mice
A team of scientists said they had developed an oral male contraceptive that is 99 percent effective in mice without causing side effects, and could enter human trials by the end of this year....Published: 26 Apr 2022 at 09:08hrs | 1 | by AFP
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 | 1 | by Staff reporter
Parly clarifies Command Agriculture figures
Parliament's Public Accounts Committee (PAC) has said the Government extended about $1,1 billion to private sector participants in the Command Agriculture Programme instead of the falsely touted US$3,...Published: 10 Mar 2022 at 05:52hrs | 1 | 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 | | by Staff reporter
Mnangagwa's allies continue minting it
FEASIBILITY studies of the shady US$1.3 billion petroleum pipeline project, whose cost has quickened from US$850 million to US$1.3 billion and will ultimately surge to US$4 billion, are nearing comple...Published: 30 Jan 2022 at 17:00hrs | 11 | by Staff reporter
Blacklist for tender cheats
The Zimbabwe Anti-Corruption Commission (ZACC) is looking at blacklisting tender cheats despite improvements in the processes that have seen all suppliers having to be vetted before they are allowed t...Published: 17 Nov 2021 at 05:10hrs | 10 | by Staff reporter
'End Zimdollar fuel fraud'
Government has roped in the National Oil and Infrastructure Company (NOIC) to monitor the distribution of fuel imported under the Reserve Bank's foreign currency allocation facility to ensure oil firm...Published: 13 Nov 2021 at 05:55hrs | 7 | by Staff reporter
Mthuli warns fuel dealers against rejecting Zimdollar
FINANCE minister Mthuli Ncube has warned fuel operators getting foreign currency through the Reserve Bank of Zimbabwe (RBZ) auction system that they risk losing their licenses if they continue rejecti...Published: 13 Nov 2021 at 05:53hrs | 7 | by Staff reporter
ZERA hikes LPG gas prices
Zimbabwe Energy Regulatory Authority (ZERA) has made an upward review of Liquefied Petroleum Gas (LPG) prices to US$2,05 per kg effective from November 8, 2021.The liquid petroleum gas i...Published: 09 Nov 2021 at 05:35hrs | 9 | by Staff reporter
Fuel to be sold in Z$
THE Government is set to roll out a local currency fuel supply programme which will see a number of garages selling the commodity in local currency.At the moment more than 90 percent of garage...Published: 31 Oct 2021 at 06:57hrs | 7 | by Staff reporter
More funds for road rehab
Government is set to go onto the market for complementary funding to ensure simultaneous implementation of the Emergency Road Rehabilitation Programme 2 (ERRP2) and undertaking of new road development...Published: 30 Aug 2021 at 05:48hrs | | by Staff reporter
Outcry as RTGS fuel is sold in forex
HALF of the fuel on the market is procured through the Reserve Bank of Zimbabwe (RBZ) financial facility and should be sold in local currency, but some unscrupulous garage owners who are benefitting f...Published: 22 Aug 2021 at 07:49hrs | | by Staff reporter
Controversial pipeline deal to balloon to US$4 billion
FRESH details on the controversial US$1.3 billion new pipeline project, whose implementation is being spearheaded by President Emmerson Mnangagwa's political and business cronies, have emerged showing...Published: 21 Aug 2021 at 13:07hrs | 10 | by Staff reporter
Mnangagwa associates behind the US$1.3 billion mega deal
PRESIDENT Emmerson Mnangagwa's political and business cronies, including his new associate Eddie Cross, are behind the new US$1.3 billion megabucks petroleum products pipeline project – whose cost h...Published: 14 Aug 2021 at 18:27hrs | | by Staff reporter
Zimbabwe plans new US$1.3bn oil pipeline, finally ending Feruka monopoly
Zimbabwe plans to build a second US$1.3 billion oil pipeline to supply fuel into the country and the region, a deal that would end years of lobbying and rivalry between powerful oil interests....Published: 11 Aug 2021 at 21:29hrs | | by newzwire
UK company proposes US$850m fuel pipeline for Zimbabwe
A UNITED Kingdom-registered oil company with strong South African links, Coven Energy Limited, has tabled an ambitious US$850 million investment proposal to construct Zimbabwe's second fuel pipeline i...Published: 03 Jul 2021 at 21:35hrs | 2 | by Staff reporter
Oil company reconfigures fuel prices
THE National Oil Infrastructure Company of Zimbabwe (NOIC) has started working towards realigning forex fuel prices to ensure they match with local currency in line with new forex usage regulations....Published: 03 Jun 2021 at 07:03hrs | | by Staff reporter
Mnangagwa considering a cabinet reshuffle
PRESIDENT Emmerson Mnangagwa, rattled by the recent loss of three ministers to Covid-19, is considering a cabinet reshuffle that has sparked fierce jostling in Zanu-PF and government.Foreign A...Published: 05 Feb 2021 at 06:59hrs | 1 | 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
Matter of fact ...
IN our last edition of the Zimbabwe Independent, we reported that the Reserve Bank of Zimbabwe paid a substantial amount of the US$17,5 million loan owed by the National Oil Infrastructure Company (No...Published: 06 Nov 2020 at 06:53hrs | 1 | by Editor.
RRB controversially pays off NOIC's debt to Tagwirei's Sakunda
Shocking revelations have emerged that the Reserve Bank of Zimbabwe (RBZ) is servicing a US$17,2 million debt owed by the national oil and infrastructure company (NOIC) to Sakunda holdings.NOI...Published: 30 Oct 2020 at 06:36hrs | 9 | by Staff reporter
Mnangagwa's govt detests being held to account
GOVERNMENT'S failure to answer critical questions around the procurement of Zupco buses using public funds in a deal that involves Landela Investments is indicative of a government that is averse to s...Published: 09 Oct 2020 at 10:13hrs | | by Staff reporter
'Chasi a victim of state capture'
FORMER energy minister Fortune Chasi (pictured)'s dramatic sacking from cabinet two weeks ago was a culmination of an intriguing plot of state capture by powerful fuel cartels, notably his spirited bu...Published: 28 Aug 2020 at 07:19hrs | 1 | by Staff reporter
Dealers told not to over-blend petrol
The Zimbabwe Energy Regulatory Authority (Zera) has warned fuel retailers not to tamper with the quality of the product as the regulator will be conducting quality checks and punish those that will be...Published: 28 Aug 2019 at 07:28hrs | | by Staff reporter
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
600 000l fuel disappears
Auditor General (AG) Mildred Chiri has expressed concern over the disappearance of a donation of 600 000 litres of fuel by a South African company.The fuel was meant to transport prisoners, bu...Published: 14 Jul 2019 at 14:56hrs | | by Staff reporter
Currency reforms expected to stabilise fuel sector
THE re-introduction of the Zimbabwean dollar is expected to bring stability to the fuel sector as Government tightens fiscal and monetary policies to ease pressure on foreign currency demand, National...Published: 09 Jul 2019 at 07:23hrs | | by Staff reporter
'Dealers diverting fuel to black market'
UNSCRUPULOUS fuel dealers are allegedly diverting large volumes of the commodity to the underground markets, causing shortages on the market, the National Oil Infrastructure Company (NOIC) chairman Da...Published: 27 Jun 2019 at 06:59hrs | | by Staff reporter
Fuel dealers cornered
The Zimbabwe Revenue Authority has cornered fuel dealers who used to divert the product to the black market by adopting the Electronic Cargo Tracking System (ECTS) which tracks fuel tankers to their i...Published: 17 Jun 2019 at 09:18hrs | | by Staff reporter
Electronic cargo tracking system comes alive
Zimbabwe Revenue Authority (Zimra) on Friday put into operation the electronic cargo tracking system (ECTS), introduced as a pilot project in 2017, as it moves to plug revenue leakages thr...Published: 16 Jun 2019 at 09:36hrs | | by Staff reporter
A case for subsidies in the mining sector
Zimbabwe racked in US$3.2 billion from mineral exports in 2018, a figure which represents 76% of the country's official total export earnings. This year the government has set the target at US$4.2 bil...Published: 11 Jun 2019 at 09:35hrs | 2 | by Victor Bhoroma
Mnangagwa now more paranoic and desperate
A REGIME failing to provide its citizens with basic necessities is unsurprisingly afraid of itself and those who differ with its lopsided policies.The arrest of four civil society activists th...Published: 24 May 2019 at 07:40hrs | 1 | by Staff reporter
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