Search / Prices fall
Diesel prices fall slightly
Local motorists and businesses are enjoying a modest but welcome reprieve as diesel prices steadily declined over the first half of 2025.From January to June, the price of diesel dropped by ab...Published: 09 Jun 2025 at 08:40hrs | 175 | by Staff reporter
Gold sinks as trade talks, easing tensions impact haven demand
Gold fell as its haven status was impacted by signs of progress in trade talks between the US and China, along with some relief to geopolitical tensions.Bullion fell as much as 1,8 percent in ...Published: 13 May 2025 at 09:54hrs | 100 | by Staff reporter
US dollar suffocates the ZiG
A liquidity crunch in Zimbabwe is deepening the economy's embrace of the US dollar and undermining the bullion-backed currency introduced by the government almost a year ago.The ZiG, short for...Published: 06 Apr 2025 at 11:38hrs | 3604 | by Staff reporter
Zimbabwe scraps VAT on LPG, prices fall 10%
Zimbabwe's push for sustainable energy solutions has received a significant boost following the government's removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG), a move that has led to a...Published: 10 Jan 2025 at 12:06hrs | 773 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 669 | by Staff reporter
Zimbabwe gold coins to be afforded by all
THE Government is planning to introduce smaller gold coins denominations amid revelations that at least Z$8 billion worth of the coins have been bought by locals since they were launched by the Reserv...Published: 18 Sep 2022 at 16:53hrs | 2 | by Staff reporter
Mthui Ncube admits to RTGS$ devaluation
FINANCE minister Mthuli Ncube yesterday told the Senate that the official exchange rate will soon match parallel market levels and hopefully destroy completely the black market after the RTGS dollar's...Published: 30 Mar 2019 at 17:42hrs | | by Staff reporter
'Tax reforms to rescue debt-distressed Zimbabwe'
Taxation reforms and improvement in non-tax revenue will extricate Zimbabwe from the debt trap, a new report has shown.In its flagship report released Saturday, the Economic Commission for Afr...Published: 24 Mar 2019 at 18:56hrs | | by Staff reporter
Petrol prices fall in Zimbabwe
AFTER weeks of chaos, fuel prices in the country fell by at most four cents, with Energy minister Joram Gumbo attributing this to a dip in international crude oil margins.A survey around Harar...Published: 06 Nov 2018 at 05:37hrs | | by Staff reporter
Chicken prices fall as poultry farmers increase production
THE price of chicken has fallen from $4 per kilogramme to an average of $3,50 per kilogramme as poultry farmers have increased production after recovering from the effects of bird flu and drop in pric...Published: 15 Apr 2018 at 06:50hrs | 2 | by Staff Reporter
Tsvangirai must work with Mnangagwa
Veterans of the country's liberation struggle are making overtures to MDC leader Morgan Tsvangirai to work with President Emmerson Mnangagwa through a yetto-be-tabled arrangement that might result...Published: 27 Jan 2018 at 10:20hrs | | by Staff reporter
Sharp price hikes for basic goods
Consumers must brace for massive increases in the price of bread, maize-meal, cooking oil and sugar, hovering around 10 percent, as millers begin to comply with a government directive that requires th...Published: 16 Jun 2017 at 08:22hrs | | by Staff reporter
Fuel prices fall, says Zera
THE Zimbabwe Energy Regulatory Authority says retail prices of diesel and petrol fell by 3,27 percent and 3,62 percent respectively, between March and May this year, in tandem with global petrol...Published: 07 Jun 2017 at 06:13hrs | 2 | by Staff reporter
Zimbabwe has over-valued US$ exchange rate
Zimbabwe has an over-valued exchange rate against the United States dollar and other major economies due to the singular usage of the greenback, economists have said, while pushing for the adoptio...Published: 31 Jan 2017 at 05:49hrs | 1 | by Staff reporter
Commodity prices crash hits Africa
Volatile global financial markets and weaknesses in global growth to blame Just three years ago, most of the world's fastest-growing economies were in ...Published: 13 Jan 2017 at 21:52hrs | 4 | by Kingsley Ighobor
45,000 cattle under threat due to drought
ABOUT 45 000 cattle in Masvingo are under threat due to a shortage of pastures, a development that has resulted in cattle prices falling to as low as $50 from about $250.Masvingo Beef Farmers'...Published: 05 Sep 2016 at 07:00hrs | 1 | by Walter Mswazie
'Shift to rand inevitable'
A shift towards the rand is inevitable as dollars imported to facilitate transacting do not stay within the country, FBC Holdings chairman Herbert Nkala said at the launch of the 2016 CASE Handbook. ...Published: 09 Jun 2016 at 06:53hrs | | by Business Reporter
Cattle prices fall
Farmers are complaining that private abattoirs are offering farmers in drought-stricken areas non-viable prices for their livestock. Most farmers have heeded Government's call to reduce their herds by...Published: 09 Jan 2016 at 06:56hrs | 1 | by Elita Chikwati
Prostitution, the phenomenon of pushing volumes
Back in the village, in the land of milk, honey and dust or Guruve, the ageless village autochthons - the original people who saw the virginity of the sun - say one should not question a blind man for...Published: 23 Oct 2015 at 11:00hrs | 2 | by Isdore Guvamombe
Bond coins, fuel price cuts result in basic commodity prices fall
The introduction of bond coins and fuel price cuts have resulted in basic commodity prices decreasing by one percent, though increasing competition among retailers and an anticipated price review mode...Published: 07 Feb 2015 at 21:53hrs | | by Staff Reporter
'Fears that Zim will strip foreign mines without compensation are unfounded'
Fears that Zimbabwe's government will strip foreign mines of half their assets without compensation are unfounded, according to Kalaa Mpinga, chief executive of Mwana, which has gold and nickel operat...Published: 27 Apr 2013 at 06:32hrs | | by Reuters
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