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Zimdollar will maintain a 'fragile stability' this year report
ZIMBABWE's currency will maintain a "fragile stability" this year, continuing from the volatilities that haunted the domestic unit even after the introduction of theforeign currency auction system...Published: 17 Feb 2021 at 06:11hrs | 800 | by Staff reporter
BCC exhausts US$33 million AfDB allocation
THE Bulawayo City Council (BCC) says it has exhausted the US$33 million received from the African Development Bank (AfDB) on various projects, forcing the contractor working on the Epping Forest water...Published: 13 Feb 2021 at 14:42hrs | 266 | by Staff reporter
State capture: Time to declare party financiers
SINCE time immemorial, the political class has been defined across the world by class, capital and raw power.In many instances, these groups of people have formed elite pacts to foster their h...Published: 13 Feb 2021 at 10:15hrs | 169 | by Paidamoyo Muzulu
Zimbabwe's cartels that are not the real cartels
I just read the report by Daily Maverick, that is purporting to expose cartels in Zimbabwe. The problem with the report is it does not include the obvious and leading cartels in Zimbabwe, such as Old ...Published: 11 Feb 2021 at 09:38hrs | 4266 | by Simbarashe Mwandipendaa
BCC threatens to punish water abusers
BULAWAYO City Council has threatened to penalise residents who abuse water and exceed their daily limits.The warning came after the local authority partially eased the water-rationing schedule...Published: 11 Feb 2021 at 06:17hrs | 348 | by Staff reporter
Foreign cars pay toll fees in forex
The Zimbabwe National Road Administration (ZINARA) says all foreign-registered vehicles are now required to pay toll fees in foreign currency in line with Statutory Instrument 32 of 2021 promulgated o...Published: 07 Feb 2021 at 06:31hrs | 347 | by Staff reporter
Fresh corruption irregularities rock Zesa
POWER utility, Zimbabwe Electricity Supply Authority (Zesa), has been rocked by a fresh scandal after it emerged that one of its subsidiaries, Zimbabwe Electricity Transmission and Distribution Compan...Published: 06 Feb 2021 at 16:21hrs | 1082 | by Staff reporter
Africa's free trade area opens for business
Trading under the continental free trade agreement started on 1st Jan. African countries opened their markets on 1st January under the continental free...Published: 03 Feb 2021 at 08:37hrs | 937 | by Franck Kuwonu
Foreign cars to pay toll fees in forex
The Zimbabwe National Road Administration (ZINARA) says all foreign registered vehicles are now required to pay toll fees in foreign currency in line with Statutory Instrument 32 of 2021 promulgated o...Published: 03 Feb 2021 at 05:55hrs | 738 | by Staff reporter
AfCFTA will launch Africa forward post Covid-19
THE African Continental Free Trade Area (AfCFTA) was established in 2018 with the aim to create a single market for goods and services, facilitated by movement of persons to deepen the economic integr...Published: 31 Jan 2021 at 10:03hrs | 67 | by Admire Maparadza Dube
Chamisa wants 2% tax scrapped
MDC Alliance President Nelson Chamisa Thursday called for the immediate scrapping of the government's contentious 2% tax to spur business growth before he went on to criticise the state for failing to...Published: 30 Jan 2021 at 06:02hrs | 1237 | by Staff reporter
Tollgate fees hiked again
MOTORISTS, with effect from today, can pay tollgate fees in foreign currency as the Zimbabwe National Road Administration (Zinara) has introduced a dual pricing system and hiked toll fees. The...Published: 30 Jan 2021 at 05:56hrs | 2079 | by Staff reporter
Zimra commissioner dies
Zimbabwe Revenue Authority (Zimra) Commissioner for Customs Mr Happias Kuzvinzwa died in Harare yesterday of yet unknown causes. Zimra described Mr Kuzvinzwa as a thoughtful and generous leade...Published: 27 Jan 2021 at 05:54hrs | 4270 | by Staff reporter
'Data price must fall'
NATIONAL Arts Council of Zimbabwe director, Nicholas Moyo has called on internet service providers in the country to reduce their tariffs for the survival of the arts sector as artistes are relying so...Published: 20 Jan 2021 at 06:53hrs | 523 | by Staff reporter
BCC workers end five-day strike
BULAWAYO City Council (BCC) workers yesterday resumed work after a five-day strike over poor salaries, a situation which crippled critical services such as refuse collection, primary health care and b...Published: 20 Jan 2021 at 06:52hrs | 393 | by Staff reporter
Donald Trump engages in jecha/ sand tactics on the U.S. economy
Democratic political consultant James Carville once said that if he were reincarnated, he'd want to come back as the bond market because "you can intimidate everybody." Donald Trump is not intimidated...Published: 17 Jan 2021 at 20:08hrs | 1447 | by Steve Chapman
Zimbabwe in key post-Brexit UK investment indaba
Zimbabwe's engagement and re-engagement drive continues to bear fruit after the United Kingdom invited local businesses to participate in next week's Africa Investment Conference along with companies ...Published: 15 Jan 2021 at 07:28hrs | 376 | by Staff reporter
Mnangagwa's govt failed to consult over lockdown, says Veritas
LEGAL think-tank Veritas says the government did not give transport operators, vendors and representatives of commerce and industry time to prepare for new covid-19 measures amid worsening macroeconom...Published: 10 Jan 2021 at 07:44hrs | 265 | by Staff reporter
Econet data traffic volumes up 90%
LISTED telecommunications giant, Econet Wireless Zimbabwe (EWZ) has registered a 90% upturn in data traffic on the backdrop of shifting Covid-19 linked work patterns by locals.Zimbabwe has bee...Published: 08 Jan 2021 at 07:50hrs | 715 | by Staff reporter
372% rates hike for Bulawayo residents
BULAWAYO residents will fork out more for services after Government approved Bulawayo City Council (BCC's) over $16 billion 2021 budget. Rates have already increased by 372 percent with effect...Published: 08 Jan 2021 at 07:27hrs | 309 | by Staff reporter
Zimra, CZR escalate rice tax standoff
THE Confederation of Zimbabwe Retailers (CZR) has maintained that the Zimbabwe Revenues Authority (Zimra) is failing to interpret laws in its move to charge 15% value added tax (VAT) on rice packaged ...Published: 30 Dec 2020 at 07:32hrs | 197 | by Staff reporter
Central government at the epicentre of the challenges facing local authorities
IntroductionToday is Christmas day, the day we celebrate the birth of the Son of Man, our Lord Jesus Christ. It is a day that is supposed to be a day of love, unity, togetherness and cel...Published: 25 Dec 2020 at 20:19hrs | 1242 | by Luke Tamborinyoka
Zimra 'clarifies' backdated VAT on rice
THE Zimbabwe Revenue Authority (Zimra) has maintained that the collection of Value Added Tax (VAT) on rice packages of 25 kilogrammes and below, which is being backdated to February 2017, is in line w...Published: 25 Dec 2020 at 07:11hrs | 348 | by Staff reporter
Christmas fever grips Bulawayo
HUNDREDS of people yesterday thronged supermarkets in Bulawayo to make last-minute shopping ahead of Christmas Day today. Shop attendants said they recorded much business with many outlets res...Published: 25 Dec 2020 at 07:08hrs | 398 | by Staff reporter
UK finally seals Brexit deal
Boris Johnson today declared that a Brexit deal has been done after four years of desperate wrangling - with a furious propaganda war already underway.The PM has made history by sealing future...Published: 24 Dec 2020 at 19:13hrs | 718 | by Mailonline
Kariba Dam water levels improve
Water levels are rising early in Lake Kariba as runoff from nearby areas starts flowing in and the first signs are seen of greater inflows from the upper catchment, allowing zesa to increase significa...Published: 23 Dec 2020 at 06:34hrs | 458 | by Staff reporter
Sit-in protest grounds city council
Bulawayo City Council workers staged a sit-in on Thursday and Friday protesting poor salaries and delays in payment of November salaries and bonus, a development that saw some people failing to access...Published: 21 Dec 2020 at 06:17hrs | 266 | by Staff reporter
Mangudya slams Ncube tariff increases
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya has launched a rare scathing attack on the government for steeply increasing tariffs for public utilities, warning the decision will have serious ...Published: 18 Dec 2020 at 06:21hrs | 5336 | by Staff reporter
MDC Alliance council hikes Bulawayo rates by 400%
GOVERNMENT has approved Bulawayo City Council (BCC)'s $551 million supplementary budget which will see tariffs increasing by nearly 400 percent. The new tariffs will reflect in ratepayers Janu...Published: 18 Dec 2020 at 06:09hrs | 386 | by Elliot Ziwira
EcoCash to hike transaction charges in January
THE country's largest mobile money platform, Ecocash, says it would adjust its transaction charges by up to 20 percent starting next month citing the need to cover rising operating costs.The c...Published: 17 Dec 2020 at 17:44hrs | 600 | by Staff reporter
Water crisis ravages Bulawayo
Women carry the burden of collecting water for households...Published: 15 Dec 2020 at 07:48hrs | 1020 | by Brezhnev Malaba
Informal sector not affected by 2% tax
AN OPPOSITION legislator has called on Finance minister Mthuli Ncube to stop collecting the 2% electronic transaction tax, saying it was burdening workers only as the informal sector was now transacti...Published: 15 Dec 2020 at 06:17hrs | 328 | by Staff reporter
IPPs now producing 135MW as ZERA cancels 8 licences
The Zimbabwe Energy Regulatory Authority (ZERA) says only 19 independent power producers (IPPs) are operational from the 88, which have been licenced to date while eight licences were cancelled for fa...Published: 14 Dec 2020 at 14:06hrs | 784 | by Staff reporter
Fair or Unfair 2023 Election - Opposition is going to Win - Teedzai
Maxwell Teedzai, the leader of Zimbabwe's newest opposition part Emej Zimbabwe (Economic Movement for Equality and Justice) has advised the opposition camp in Zimbabwe to stop wasting precious time on...Published: 12 Dec 2020 at 18:11hrs | 2264 | by Agencies
Zesa owed US$69m
ZESA is owed US$69 million by its various customers with local authorities being the largest debtors. Presenting a review and analysis of the Ministry of Energy and Power Development's 2...Published: 11 Dec 2020 at 06:15hrs | 205 | by Staff reporter
Why Zimbabwe's electric vehicle vision may flop
A strategic plan twinning the development of electric vehicle (EVs) in Zimbabwe and commensurate investment into the power industry will be key to sustaining their presence on the country's roads, acc...Published: 09 Dec 2020 at 17:07hrs | 1104 | by Staff reporter
Econet hikes tariffs by 20%
MOBILE telecoms giant, Econet Wireless yesterday announced a 20% hike in voice, data and SMS bundle prices, saying this was important to sustain operations."The business continuously reviews i...Published: 08 Dec 2020 at 21:28hrs | 439 | by Staff reporter
BCC blames govt for poor service delivery
THE failure by government to approve a $2,85 billion Bulawayo City Council (BCC)'s 2020 supplementary budget has hit the city's ability to provide efficient service to ratepayers, an official said yes...Published: 08 Dec 2020 at 06:34hrs | 283 | by Staff reporter
Bold revamp doubles EcoCash capacity
AN extensive revamp of the EcoCash platform that sent markets into complete turmoil in November last year doubled the mobile money transfer operation's capacity to 450 transactions per second, accordi...Published: 06 Dec 2020 at 08:36hrs | 1492 | by Staff reporter
Mnangagwa says 'robust trade reforms pay off'
Zimbabwe will continue to implement robust economic, trade and investment policies in its quest to fulfil the objectives of the African Continental Free Trade Area (AfCFTA), the President has said....Published: 06 Dec 2020 at 07:36hrs | 68 | by Staff reporter
Zesa cuts home use power costs
ZESA Holdings(Zesa) yesterday announced a surprise 60 percent power tariff cut on one of its bands for domestic electricity usage.Zesa subsidiary, the Zimbabwe Electricity Transmission and Dis...Published: 05 Dec 2020 at 20:48hrs | 1705 | by Staff reporter
Econet shakes up to ride out crisis
ZIMBABWE Stock Exchange listed telecoms giant, Econet Wireless Zimbabwe says it is casting its net wide to identify fresh opportunities on the domestic market, while scanning the global terrain to see...Published: 03 Dec 2020 at 06:44hrs | 1187 | by Staff reporter
Zesa reduces tariffs, introduces new band
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has reduced its tariffs for domestic consumption following a public outcry by customers after the tariffs were increased by more ...Published: 29 Nov 2020 at 06:48hrs | 4658 | by Staff reporter
Govt okays forex tollgate fees payment
GOVERNMENT has given motorists greenlight to pay toll fees using foreign currency and says the move will enhance the Zimbabwe National Roads Administration (Zinara) to harness resources to clear its e...Published: 27 Nov 2020 at 17:03hrs | 3037 | by Staff reporter
Econet hikes tariffs 20%
Econet Wireless Zimbabwe has hiked its voice tariff by 20% to guarantee continued delivery of the service.The latest tariff adjustment comes at a time when government is banking on increased i...Published: 27 Nov 2020 at 07:10hrs | 2154 | by Staff reporter
Mnangagwa wades into ZESA tariff hike
President Emmerson Mnangagwa has ordered power utility ZESA to reduce its stepped electricity tariff from about US$0.19 per kilowatt hour (kWh) to about US$0.10 /kWh following a public outcry....Published: 26 Nov 2020 at 07:57hrs | 30533 | by Staff reporter
Zimbabwe scores high in Africa electricity regulatory rankings
Zimbabwe has recorded an impressive performance in the latest Electricity Regulatory Index 2020 advancing from 21st position out of 34 participants in 2019 to sixth position in 2020 out of 36....Published: 24 Nov 2020 at 21:38hrs | 234 | by Staff reporter
Econet marginally adjusts voice bundle tariffs
HARARE - Econet Wireless Zimbabwe (Econet) this week marginally adjusted its voice bundle tariffs in a bid to guarantee continued delivery of acceptable service to its customers.The telecommun...Published: 24 Nov 2020 at 16:31hrs | 2455 | by Agencies
Zinara commits $1 billion to roads rehab
The ability of local authorities to spruce up roads, especially ahead of the rainy season, has been further enhanced after the Zimbabwe National Road Administration (Zinara) injected an additional $1,...Published: 22 Nov 2020 at 04:38hrs | 217 | by Staff reporter
Shocking tollgates, licensing fees hike
THE Government has adjusted vehicle tolling and licensing fees keeping in line with the prevailing economic situation and to ensure that the Zimbabwe National Road Administration (Zinara) adequately s...Published: 20 Nov 2020 at 06:00hrs | 979 | by Staff reporter
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