Source: Ethanol blending up to cut prices | The Herald Minister Soda Rumbidzayi Zinyuke Senior Reporter Mandatory blending of ethanol in unleaded petrol has been increased from 10 percent to 20 percent at the end of this month to reduce fuel price increases on the global market and give a relief to Zimbabwean motorists […]
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Zimbabwe Situation
Zim ready to pull out of CITES
Environment, Climate Change, Tourism and Hospitality Industry Minister Mangaliso Ndlovu Elliot Ziwira Senior Reporter Zimbabwe, which is sitting on more than 136 tonnes of ivory and rhino horns worth about US$600 million, is prepared to operate outside the Convention on International Trade in Endangered Species (CITES) if the organisation continues to make it impossible for […]
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Carjackers target taxi drivers
Crime Reporter Carjackers in and around Harare are now targeting taxi drivers and stealing their vehicles and valuables after posing as genuine passengers. This comes after two people recently lost their Toyota Sienta vehicles in Harare. Police are still investigating the cases and have since arrested one of the suspects. National police spokesperson Assistant Commissioner […]
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Textile firm Merlin faces liquidation
Oliver Kazunga, recently in Bulawayo BULAWAYO-BASED textile company, Merspin (Private) Limited is now exposed to liquidation after its shareholder, Maydeep Investments, successfully applied to the High Court for the removal of its subsidiary from judicial management. In 2019, the Zimbabwe Textile Workers Union on behalf of the troubled company’s employees, filed a High Court application […]
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Health authorities on high alert as Covid-19 fifth wave sweeps SA
Dr Mahomva Rumbidzayi Zinyuke Senior Reporter The rise in the number of new Covid-19 cases recorded in the last week is not an indication that Zimbabwe has entered a fifth wave of infection but is largely just the breakers from the increase in cases reported in South Africa. National Covid-19 response coordinator Dr Agnes Mahomva said […]
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NMBZ to accelerate digitalisation strategy
Ms Mutandwa Nelson Gahadza Senior Business Reporter NMB Holdings, through its banking unit NMB Bank, says it will accelerate the digitisation strategy to provide seamless digital financial solutions to its customers. Violet Mutandwa, the group’s secretary, in a trading update for the first quarter ended March 31 2022, said in the period the group made three […]
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Bakers Inn expands distribution capacity
Bakers Inn intends to grow bread production to 1 million loaves per day from the current 450 000 Michael Tome Business Reporter BAKERS Inn, a unit of Zimbabwe Stock Exchange (ZSE) listed Innscor Limited, last week took delivery of 50 distribution trucks from a local car dealership, ZIMOCO, as the country’s bread maker seeks to grow […]
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Mamombe and others’ bid to delay court case hits brick wall
Cecelia Chimbiri and Joana Mamombe Nyore Madzianike Senior Court Reporter Harare regional magistrate Mr Taurai Manwere has today dismissed five CCC members’ application for postponement of a matter, where they are charged with staging an illegal demonstration during the lockdown period in 2020, pending review of his decision to dismiss their application for exception at the […]
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Zimbabwe politics | Mnangagwa challenger arrested
A ZANU-PF activist who challenged the legitimacy of Emmerson Mnangagwa’s presidency is in jail. Sybeth Musengezi dragged Mnangagwa to court last year alleging that he illegally grabbed power from Robert Mugabe. Mnangagwa led the bloodless 2017 coup that dethroned Mugabe. But now, Musengezi is also feeling the court’s wrath, as eNCA correspondent Pindai Dube reports. […]
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Zimbabwe Allows Import of Basic Commodities to Curb Price Hikes
Source: Zimbabwe Allows Import of Basic Commodities to Curb Price Hikes – BNN Bloomberg Mthuli Ncube Photographer: Cynthia R Matonhodze/Bloomberg , Bloomberg (Bloomberg) — Zimbabwe is allowing ordinary citizens with access to U.S. dollars to import basic commodities for their own use to counter “substantial” price increases by retailers. Finance Minister Mthuli Ncube said the […]
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