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1-10 results from 1000 for query «imports»

March 29, 2018 7:50 AM $200m Hwange power expansion begins

THE Zimbabwe Power Coompany (ZPC) will draw down $199 million from a China Export-Import Bank loan in April to begin building additional units at the Hwange Thermal Power Station, acting Managing Director Joshua Chirikutsi said. Upon completion, the $1.5 billion units 7 & 8 will add 600 megawatts to the existing 920-megawatt plant, Zimbabwe’s biggest 108

March 19, 2018 5:00 PM Zimbabwe stolen funds amnesty: Millions still to be returned

Zimbabwe’s President Emmerson Mnangagwa has released the names of hundreds of companies and individuals who failed to return $827m (£590m) illegally stashed abroad despite an amnesty. He said on Monday it had resulted in $591m being returned, less than half the funds believed to be held abroad. He has warned that those who fail to comply are at risk of prosecution 19

March 5, 2018 8:11 PM Listeriosis: Zim alert as 180 die in SA

ZIMBABWE will keep imports of processed meat from South Africa despite a devastating outbreak of a killer listeriosis outbreak in the neighbouring country. Four Sadc countries, Namibia, Botswana, Mozambique, Zambia and Malawi Monday banned the import of processed meats from South Africa in a bid to protect their citizens from the disease that has thus far claimed 52

March 5, 2018 1:29 PM Trump threatens European cars tax

PRESIDENT Donald Trump says the U.S. “will simply apply a TAX” on cars made in Europe if the European Union retaliates against the trade penalties he’s seeking on imports of steel and aluminum. The EU is promising retaliation against American exports if Trump follows through — as he says he will next week. Here’s what the president is saying on Twitter 37

March 3, 2018 12:47 PM Looters return $250m, says Mnangagwa

PRESIDENT Emmerson Mnangagwa has revealed that government recovered $250 million from about $1.3 billion looted and externalised from the country by individuals and organisations. He was giving an update on the three-month amnesty he issued in December for the return of the funds and assets, failing which government would take action. “Government is pleased 19

February 25, 2018 11:16 AM Unpacking the secondhand vehicle policy ban

At its height, the motor industry sold 20 000 units annually but due to the downturn of the economy and rise in secondhand vehicles, that number has been on a nosedive in the period 2000 to 2017. The motor industry policy — Zimbabwe Motor Industry Development Policy (ZMIDP) running from this year to 2030 — found that if properly supported, it has the potential 28

January 29, 2018 2:37 PM Zesa to install 30 000 prepaid meters

National power utility, Zesa Holdings (Zesa), says it plans to install 30 000 prepaid meters in the coming three months under the 100 days Rapid Results Initiative. Energy minister Simon Khaya Moyo said the Zimbabwe Energy Regulatory Authority (Zera) is licensing private agencies who will sell prepayment meters to the public under the customer supplied 58

December 8, 2017 3:31 AM Individual fuel imports banned

Government has banned importation of fuel by individuals. In a notice issued by the Zimbabwe Energy regulatory Authority (Zera) yesterday, Government said it has repealed Statutory Instrument (S.I.) 171 of 2015 Control of Goods (Petroleum Products Prices) Amendment Number 5 that allowed members of the public to import up to 2 000 litres of fuel per month 39

November 19, 2017 8:03 AM Parallel market threatens economy

THE parallel market is increasingly growing its influence in the economy with rising premiums on the dollar amid fears of inflation getting out of control. At the start of last week, premiums for the dollar using real time gross settlement (RTGS) balances were ranging between 90% and 95% but later increased to 100%. On Friday, the rate was ranging between 17

November 13, 2017 2:03 AM ‘Export shelled peas to Asia’

PLAYERS in the agro-business have been urged to export shelled peas into the South-East Asian market to boost the country’s foreign currency reserves dwindle, ZimTrade has said. In its newsletter, ZimTrade said the demand for fresh garden peas in Malaysia was increasing and exporters should take advantage of that to earn the country the much-needed foreign 28