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Fuel prices up again
DESPITE government castigating business for over-pricing, there is likely to be no respite for the embattled consumer anytime soon as the price of fuel continues to go up, almost on a weekly basis...Published: 24 Apr 2019 at 07:52hrs | 5432 | by Staff reporter
Fuel supplies improve for ZITF
Fuel situation has improved in Bulawayo ahead of the Zimbabwe International Trade Fair (ZITF), which started yesterday.A survey by the Southern Eye shows that fuel supplies have started to nor...Published: 24 Apr 2019 at 07:31hrs | 331 | by Staff reporter
Zimbabwean man advising governments and oil companies
Growing up in central Africa in the '50s and '60s gave Duncan Clarke an early appreciation of his surroundings and the wider environment – but very little indication of the significance the oil ind...Published: 24 Apr 2019 at 06:03hrs | 3163 | by geoexpro
'Cannot separate democracy and discipline' says Moyo - have neither and no common sense to see it
Zanu-PF leaders are once again up in arms blaming business operators for the country's worsening economic situations as shown by the increasing prices of goods and services - if they can be found give...Published: 23 Apr 2019 at 07:56hrs | 948 | by Patrick Guramatunhu
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 | 304 | by Staff reporter
'MDC has no hand in sanctions'
The Daily News on Sunday Assistant Editor Maxwell Sibanda caught up with journalist, and human rights advocate Grace Kwinje who is the MDC Alliance's European Union representative based in Brussels. S...Published: 18 Apr 2019 at 17:48hrs | 361 | by Staff reporter
Zimbabwe marks 39th Independence Day amid economic crises
Thousands of people will gather today to watch a military-civilian parade in the capital, Harare, as Zimbabwe marks the 39th anniversary of its independence from Britain.Thousands of people ar...Published: 18 Apr 2019 at 07:19hrs | 381 | by Staff reporter
Government urges bakers to defer bread price hike
GOVERNMENT yesterday called on the Bakers' Association of Zimbabwe to reconsider its position to hike the price of bread and allow for consultations to take place first before any increase is effected...Published: 17 Apr 2019 at 07:00hrs | 576 | by Staff reporter
Charamba's obsession of arrogance
President Mnangagwa's spokesperson George Charamba who has dedicated his life to justify all evils perpetrated by Zanu-PF over the decades displayed once more his arrogance as he gave Zanu-PF's positi...Published: 15 Apr 2019 at 10:16hrs | 1889 | by Mkhululi Zulu
Bulawayo's fuel crisis bites hard
The government is running out of time to ensure that Bulawayo has enough fuel stocks to cover the forthcoming Independence and Easter holidays, as well as the annual Zimbabwe International Trade fair ...Published: 15 Apr 2019 at 06:57hrs | 5351 | by Staff reporter
Zimbabwe oil prospects increase
Newly defined data released last week by Invictus Energy, has provided management with increased confidence regarding a sizeable increase in the prospective resource estimate of the Muzarabani oil pro...Published: 15 Apr 2019 at 06:34hrs | 1212 | 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 | 951 | by Zimra
Mutsvangwa blames 'Queen Bee' for high fuel prices
Trafigura, the global commodities trader, is facing accusations that it used a partner's connections to Zanu-PF to gain an unfair advantage in the supply of fuel to the southern African nation.The...Published: 14 Apr 2019 at 10:12hrs | 5081 | by Joseph Cotterill and David Sheppard I Financial Times
Marriot International to finalise US$500 million deal for Zimbabwe hotel
GLOBAL hospitality group, Marriot International will next month finalise its US$500 million deal with a local company that will see the company constructing a boutique hotel and a riverside camp in Vi...Published: 14 Apr 2019 at 10:05hrs | 1180 | by Staff reporter
Zupco's new buses expected this week
A new fleet of buses that will serve urban and rural commuters will be commissioned this week, President Emmerson Mnangagwa has said.He said this at State House yesterday during a special Inde...Published: 14 Apr 2019 at 09:58hrs | 926 | by Staff reporter
Glut of fuel during ZITF
THE Zimbabwe International Trade Fair (ZITF) is now known for bringing good news to the second city.In previous editions, the authorities would go out of their way to ensure that the city's ro...Published: 13 Apr 2019 at 15:49hrs | 820 | by Staff reporter
Massive retrenchments loom as Zimbabwe economy slows down
HUNDREDS of formal jobs are on the line in the economy as various businesses grapple with the realities of hyperinflation and exchange rate-induced losses. The market has witnessed massive price hikes...Published: 12 Apr 2019 at 09:14hrs | 4221 | by Victor Bhoroma
Mnangagwa's regime mum on Sudanese coup
BARELY 17 months after the cathartic fall of former president Robert Mugabe, another dictator has been pushed out of power in Sudan following months of popular protests that jolted the military into s...Published: 12 Apr 2019 at 08:21hrs | 1753 | by Staff reporter
Zimbabwe's fuel pipeline allegedly 'captured' by Trafigura
Trafigura, the global commodities trader, is facing accusations that it used a partner's connections to Zimbabwe's ruling party to gain an unfair advantage in the supply of fuel to the southern Africa...Published: 12 Apr 2019 at 07:13hrs | 1586 | by Joseph Cotterill and David Sheppard
Zimbabwe Army Generals read riot act to Mnangagwa, as he privately offers to resign as President
The game is all but over for President Emmerson Mnangagwa's young presidency, as hardline army generals are reportedly said to have read the riot act to him, over a sheaf of serious issues caused by h...Published: 12 Apr 2019 at 06:54hrs | 25007 | by Itai Mushekwe/Nancy Mabaya/Malvin Motsi
NOIC to assume full ownership of Feruka-Harare fuel pipeline
THE Competition and Tariffs Commission (CTC) has approved a deal in which State-owned National Oil Infrastructure Company of Zimbabwe (NOIC) assumes full ownership of the Feruka-Harare fuel pipeline a...Published: 08 Apr 2019 at 06:42hrs | 548 | by Staff reporter
Alleluia Ministries International gathers R1 Million for Mozambique cyclone survivors
Hundreds of rural communities were plunged into food crisis after Cyclone Idai tore through central Mozambique on March 14, humanitarian workers say. The Mozambique government estimates that more than...Published: 05 Apr 2019 at 22:27hrs | 693 | by Ray Mwareya
Zimbabwe cost of living goes through roof
Most big supermarkets and other retail shops have hiked the prices of basic consumer goods sharply – exponentially raising the cost of living in the country, amid a worsening shortage of foreign cur...Published: 03 Apr 2019 at 08:43hrs | 2710 | by Staff reporter
Fuel prices go up again
The Zimbabwe Energy Regulatory Authority has announced new fuel prices which will take effect on 08 April.ZERA said in a statement, "The Zimbabwe Energy Regulatory Authority advises that in te...Published: 02 Apr 2019 at 09:36hrs | 9703 | by Mandla Ndlovu
Fresh price hikes hit Zimbabweans
CONSUMERS have expressed shock after major supermarkets and small scale retailers once again increased prices of some basic commodities by margins of up to 75 percent. Despite the stability in...Published: 02 Apr 2019 at 08:02hrs | 1394 | by Staff reporter
Jet-A1 fuel shortages threaten to ground Cyclone Idai air relief efforts
SERIOUS shortages of Jet-A1 fuel are hampering relief efforts in Chimanimani and Chipinge districts where at least 270 000 survivors of the deadly Cyclone Idai have been confirmed as in urgent need of...Published: 02 Apr 2019 at 07:59hrs | 188 | by newzimbabwe
Export incentives - Good Call on managing the trade deficit
The Reserve Bank of Zimbabwe (RBZ) introduced the Export Incentive Policy in September 2016 at 5% of Gross Export Receipts in order to improve production of minerals and tobacco. The policy was widene...Published: 01 Apr 2019 at 09:28hrs | 780 | by Victor Bhoroma
Man doused with petrol, set on fire
A 36-YEAR-OLD man from Kezi, Matabeleland South died after he was doused with petrol and set on fire by yet to be identified suspects, police have confirmed.Abednego Ndlovu from Bhidi Village ...Published: 30 Mar 2019 at 22:46hrs | 1029 | by Staff reporter
Zimbabwe fuel consumption declines
The consumption of diesel and petrol plunged by almost 1,5 million litres and 1,8 million litres per day respectively between January and February this year, compared to previous months on the back of...Published: 28 Mar 2019 at 23:42hrs | 2251 | by Staff reporter
Government stops licensing fuel dealers
The Zimbabwe Energy Regulatory Authority (ZERA) has announced that it has ceased licensing new players who want to engage in the business of importing fuel into the country. A Press rele...Published: 28 Mar 2019 at 10:59hrs | 2732 | by Mandla Ndlovu
Zimbabwe's runaway prices good for malayitsha business
Towering piles of cooking oil, tyres, biscuits, microwaves and toilet paper filled a small and damp Johannesburg basement – all destined for Zimbabwe.The items are loaded onto trailers attac...Published: 27 Mar 2019 at 07:35hrs | 5946 | by AFP
Ian Khama's 'allies' allegedly looted 250 million pula
Former South Africa's National Prosecuting Authority (NPA) boss Shaun Abrahams has found a new job in Botswana.City Press claims that Abrahams was appointed two months ago after being approach...Published: 25 Mar 2019 at 22:01hrs | 4403 | by Staff reporter
Price, tariff tragedy of regulated sectors
OVER the past year or so we have seen inflation pressures escalating in Zimbabwe. The latest figure of 59,39 percent for January has invoked fears among Zimbabweans who do not want a repeat of the las...Published: 25 Mar 2019 at 11:04hrs | 820 | by Staff reporter
Zimbabwe fuel crisis hurts business: Mudenda
SPEAKER of the National Assembly Jacob Mudenda on Friday said the resurfacing of fuel queues and electricity outages were symptomatic of challenges in the energy sector, which must be urgently resolve...Published: 25 Mar 2019 at 07:06hrs | 918 | by Staff reporter
Fake Zacc officials jailed
Five bogus Zimbabwe Anti-Corruption Commission (Zacc) officials, who moved around farms in Marondera extorting farmers before kidnapping and robbing a fuel dealer, have been sentenced to an effective ...Published: 24 Mar 2019 at 14:08hrs | 276 | by Staff reporter
Fuel shortages worsen
MOTORISTS here have for the past week endured stock outs of fuel supplies, indicating a worsening fuel situation in the petroleum industry.So bad has been the situation that even the pump stat...Published: 22 Mar 2019 at 16:23hrs | 941 | by Staff reporter
Govt use of violence on its own people is tragic
Continued from last weekWhile Mnangagwa's rhetoric on issues such as land reform, human rights, rule of law, improving the business climate and reducing corruption was all positive, there was ...Published: 22 Mar 2019 at 16:13hrs | 195 | by Ambassador Thomas-Greenfield
Cyclone did not affect fuel pipeline, says Gumbo
Energy and Power Development Minister Dr Jorum Gumbo says the Cyclone Idai devastating effects did not affect the feruka pipeline which pumps fuel from Beira to Zimbabwe as being reported.Dr G...Published: 22 Mar 2019 at 16:12hrs | 235 | by Staff reporter
Beyond the New my foot!
In the past few months, I took some time to reflect on the role of political parties - specifically political parties in Zimbabwe. I came to a simple conclusion - while political parties serve s...Published: 18 Mar 2019 at 13:17hrs | 795 | by Sam Wezhira
Fuel prices up by 8 cents
Retailers have hiked petrol and diesel prices by up to 8 cents per litre, adding to the burden of consumers dealing with record prices and amid rising political pressure on the Emmerson Mnangagwa-led ...Published: 17 Mar 2019 at 18:08hrs | 1849 | by Staff reporter
Zimbabwe: A land of squandered potential
I well remember sitting in the AFP bureau in Harare at dusk on November 21, 2017 and hearing the first whoop of delight in the street outside when Robert Mugabe was finally ousted, an extraordinary mo...Published: 17 Mar 2019 at 08:56hrs | 812 | by Ben Shepherd
Marriot International set to change the face of Victoria Falls
GLOBAL hospitality group, Marriot International, is set to change the face of Victoria Falls after it agreed to inject USD$500 million into the resort town for the construction of a boutique hotel and...Published: 17 Mar 2019 at 08:35hrs | 2174 | by Staff reporter
Zimbabwe 'losing fuel' to forex-rich neighbours
Zimbabwe could be losing millions of litres of fuel to neighbouring countries under its bonded warehouse scheme because the government is failing to mobilise foreign currency to pay for the commodity ...Published: 15 Mar 2019 at 08:42hrs | 3787 | by Staff reporter
Zimbabwe miners to pay 80% wage increase
Zimbabwe mining companies are to award a wage increase of just under 80% to mine workers, with the salary for the lowest-paid worker in the industry rising to about 480 RTGS dollars per month....Published: 14 Mar 2019 at 19:25hrs | 1268 | by Staff reporter
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 | 1160 | 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 | 685 | by Staff reporter
Mugabe to Mnangagwa: From frying pan into fire?
A time comes when overwhelmed Africans desperately desire to see a change in leadership and don't pay rapt attention to the details of the next leadership provided it is a new face. This despe...Published: 10 Mar 2019 at 13:51hrs | 3173 | by Omolola Lipede
Ramaphosa flies in tomorrow
South African President Cyril Ramaphosa will arrive in Harare tomorrow for the third session of the Zimbabwe-South Africa Bi-National Commission (BNC) that is expected to deepen bilateral relations an...Published: 10 Mar 2019 at 08:43hrs | 326 | by Staff reporter
NUST graduate turns plastic waste into diesel
A National University of Science and Technology graduate is turning Harare's plastic waste into diesel in a pioneering project that could go a long way in addressing Zimbabwe's chronic fuel shortages....Published: 10 Mar 2019 at 08:38hrs | 795 | by Staff reporter
Machete-wielding robbers attack travellers
A GANG of eight machete-wielding robbers attacked and robbed six travellers along the Bulawayo-Nkayi Road. Police spokesperson for Matabeleland North Province Chief Inspector Siphiwe Makonese ...Published: 09 Mar 2019 at 06:52hrs | 429 | by Staff reporter
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