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'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 | 521 | 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 | 375 | 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 | 1439 | 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 | 369 | 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 | 263 | 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 | 290 | 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 | 193 | 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 | 1238 | by Luke Tamborinyoka
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 | 394 | 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 | 712 | 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 | 443 | 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 | 261 | 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 | 5326 | 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 | 380 | 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 | 593 | 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 | 779 | by Staff reporter
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 | 203 | 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 | 1098 | 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 | 431 | 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 | 279 | 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 | 1475 | 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 | 1698 | 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 | 1175 | 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 | 4642 | 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 | 3034 | 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 | 2150 | 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 | 30512 | 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 | 233 | 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 | 2452 | 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 | 215 | 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 | 974 | by Staff reporter
Shocking rates in Harare 2021 budget
An average high-density suburban householder will be paying $1 736 a month from January for basic services, while a family in the modest Mabelreign middle-density suburb will be hit by monthly bills o...Published: 20 Nov 2020 at 05:55hrs | 182 | by Staff reporter
'Zesa faces viability challenges'
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is facing viability challenges, including acute transport problems to carry out its mandate.ZETDC acting managing directo...Published: 13 Nov 2020 at 05:42hrs | 394 | by Staff reporter
Theft, vandalism heighten blackouts in Bulawayo, says Zesa
THE incessant power outages being experienced in parts of Bulawayo and the wider southern region are a result of rampant vandalism and theft of electricity infrastructure, the power utility, Zesa, has...Published: 13 Nov 2020 at 05:38hrs | 167 | by Staff reporter
Zimbabwe imports 600MW to cover power supply gap
THE country is importing up to 600MW of electricity from regional producers so as to cover the supply gap, which is created by subdued energy generation capacity mainly by ageing thermal power station...Published: 09 Nov 2020 at 23:28hrs | 934 | by Staff Reporter
'Zesa lost $4,5bn revenue during Covid-19 lockdown'
NATIONAL power utility, Zesa, reportedly lost close to $4,5 billion by charging uneconomic rates during the lockdown period, hence the recent decision to hike the tariffs by 150%.Energy minist...Published: 09 Nov 2020 at 08:57hrs | 1285 | by Staff Reporter
Zesa tariffs still too low, says Soda
THE government has scoffed at MPs who this week raised concerns over continued electricity increases, saying the price of power is still too low if Zesa Holdings(Zesa) is to restore the tariff to wher...Published: 06 Nov 2020 at 19:09hrs | 852 | by Staff reporter
Soda roasted over Zesa power tariff hike
OPPOSITION MPs on Wednesday grilled Energy minister Zhemu Soda over the 50% hike in electricity tariffs, saying it would further impoverish Zimbabweans.They said the recent electricity tariff ...Published: 06 Nov 2020 at 06:36hrs | 2986 | by Staff reporter
'Price stability to spill into 2021'
ECONOMISTS and captains of industry yesterday predicted a continued stability of prices of goods and services into next year.During a state of the economy report by Africa Economic Development...Published: 05 Nov 2020 at 19:27hrs | 920 | by Staff reporter
Outcry over 50% Zesa tariff hike
CONSUMERS yesterday expressed disquiet over the recent 50% electricity tariff hike by Zesa at a time workers' salaries were failing to match the cost of living.The Zimbabwe Electricity Transmi...Published: 03 Nov 2020 at 07:30hrs | 3918 | by Staff reporter
Zesa hikes tariffs by 50%
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has increased tariffs by 50 percent for the second time in a month. ZETDC, a Zesa unit, increased tariffs last month and in Septe...Published: 02 Nov 2020 at 05:47hrs | 1908 | by Staff reporter
Zimbabwe industry calls for tougher taxes on Chinese imports
ZIMBABWE'S industries have scaled up their campaign for tougher action to protect manufacturing companies against Chinese plastic imports, even as earlier calls to ban fabric shipments from Beijing fl...Published: 30 Oct 2020 at 06:40hrs | 614 | by Staff reporter
Chiyangwa's farm ownership exposed after 'illegal settlers' evictions
THE eviction this week of dozens of families that had settled on Old Citrus Farm in Chinhoyi, controversially owned by property mogul Phillip Chiyangwa, has exposed the local municipality's complicity...Published: 24 Oct 2020 at 07:56hrs | 3468 | by Staff reporter
RBZ debt accumulation above US$2 billion
THE US$2,23 billion debt accumulated by the Reserve Bank of Zimbabwe (RBZ) in the 12 months since July 2019 could be grossly understated, as fresh details emerged this week indicating the central bank...Published: 23 Oct 2020 at 08:41hrs | 836 | by Staff reporter
Econet traffic volumes jump
Listed telecommunications firm, Econet Wireless Zimbabwe, says it recorded gains across voice, data and SMS metrics during the six months to August 31, 2020 as demand for such services spiked due to t...Published: 15 Oct 2020 at 06:33hrs | 549 | by Staff reporter
Outcry over steep medical aid subscriptions
MEDICAL aid companies are in the eye of a storm as policyholders are accusing them of ripping them off through drastic increases in contributions, most of which are wiping out their salaries.D...Published: 11 Oct 2020 at 10:02hrs | 195 | by Staff reporter
Zimbabwe's business climate can improve
As the Zimbabwe Stock Exchange (ZSE) puts final touches on the infrastructure needed for operations of the Victoria Falls Securities Exchange (VFEX), investors await to see if their major concerns on ...Published: 11 Oct 2020 at 09:57hrs | 182 | by Victor Bhoroma
Medical aid companies ripping policyholders off
MEDICAL aid companies are in the eye of a storm as policyholders are accusing them of ripping them off through drastic increases in contributions, most of which are wiping out their salaries.D...Published: 11 Oct 2020 at 08:00hrs | 537 | 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 | 1972 | by Staff reporter
Regulatory controls constrain EcoCash
ECOCASH'S parent firm, Cassava Smartech Zimbabwe Limited (CSZL) said on Tuesday that performance of the mobile money platform had been hit hard by seven major regulatory directives in the past six mon...Published: 07 Oct 2020 at 06:54hrs | 1092 | by Staff reporter
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