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Zimbabwe Regulatory Energy Authority (Zera) to ban use of energy consuming appliances

  The Zimbabwe Energy Regulatory Authority is set to introduce a move to ban people from using electrical gadgets that ingest a lot of energy. This was said yesterday at a stakeholders meeting held in Bulawayo. In a statement, Engineer Samuel Zaranyika said the main benefit of the move is that there will be reduction in energy use and save ...

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Fuel crisis back again

The continuing of fuel shortages in the country  has resulted in the hiking of transport fares in high density locations. Yesterday in Harare many people were left stranded after commuter omnibuses (kombis) disappeared from roads and the few that were available increased fares by more than hundred per cent. In some parts of  Harare kombis were taking advantage of the ...

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Minister of Energy and Power Development Jorum Gumbo despises visible fuel queues

Minister of Energy and Power Development Jorum Gumbo dismisses rumors about fuel price increment. Gumbo said the country is not facing any fuel shortages since the country could afford purchasing it but some filling stations cannot afford to buy fuel as it being sold in foreign currency. Minister Gumbo seemed to be blaming motorist for panic buying which is causing ...

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Monetary Policy to be announced

The Reserve Bank of Zimbabwe governor John Mangudya today at 1430 pm is expected to present the Monetary Policy Statement (MPS) which is likely to set out a road map to a new Zimbabwe. This comes as a result of rift between him and Finance Minister Mthuli Ncube on how best they can manage the country’s currency crisis. Mangudya’s last ...

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ZUPCO buses to pull out service

ZUPCO buses are reported to have been disappeared in some parts of Harare and Bulawayo due to a misunderstanding with the government. The ZUPCO bus company invited interested bus owners to provide services for them on their agreed terms and conditions. Some of the bus operators who spoke to media said the scheme is not functional for them as the ...

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Prisca Mupfumira officially opens Mpala Jena Camp

Minister of Environment ,Tourism and Hospitality Industry , Prisca Mupfumira officially opened the Mpala Jena Camp in Victoria Falls last week. In a statement, Mupfumira said tourism continues to experience growth and deepening diversification and has become one of the fastest growing economic sectors contributing massively to social economic development. “There has been growth in foreign tourism receipts from $917 ...

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Winfit Harare office raided, security guard tied and beaten

The Harare office of trans-continental company serving Zimbabweans in diaspora was robbed earlier this morning with the robbers making a run with dozens of laptop computers, cash and a 600kg Chubb safe leaving the on duty security guard tied, gagged and beaten. Thought to have scoured the perimeter wall before neutralising the security detail, the robbers entered the premises via ...

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Mangudya dismisses Biti’s claims on local currency

The governor of The Reserve Bank of Zimbabwe, John Mangudya dismissed the claims being circulated on social media regarding the introduction of the new currency. He said that the country will continue to use the multi-currency system. Former Finance Minister Tendai Biti yesterday claimed that government was planning to introduce a new local currency this week. Posting on twitter, Biti ...

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Chinese Embassy donates computers to Ministry of Information

China’s  Acting Ambassador to Zimbabwe Baogang donated desktop computers and laptops to the Ministry of Information. The Ministry of information is on a four day workshop on strategic planning today at Harare International Conference Centre. Minister Monica Mutsvangwa officially opened the event. The permanent secretary in the Ministry of Information Cde Nick Mangwana and other senior government officials attended the ...

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Minister Mahendere’s backing vocalist in business

Upcoming gospel musician who is also Minister Mahendere’s backing vocalist, Julian Lennon Kanombirira popularly known as Julian King has opened an opportunity for investors through his company Build Africa Investment. In a statement, he said that he intend to use the company to achieve various business interests locally and internationally. “I started Build Africa Investment Market early this year and ...

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