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1-10 results from 1000 for query «prices»

January 15, 2019 12:42 PM ‘Zanu PF provoking a response from the people’

Today, citizens and various civic groups demonstrated, angered by continued price hikes, particularly following the ridiculous announcement of new fuel prices by Mnangagwa, demanding action on his failed leadership. The MDC YA position is very clear, citizens have a right to demonstrate peacefully as enshrined in section 59 of the Zimbabwean constitution 92

January 14, 2019 9:48 AM Masiyiwa’s fortune rises to US$2.3bn

Buffeted by plunging stock prices and weaker currencies, the number of African billionaires has shrunk to just 20, down from 23 a year ago. Four people fell off Forbes’ annual list of the continent’s richest since last year while one returned to the ranks after a four-year absence. All but four members of the list have smaller fortunes than a year ago. For the eighth 73

January 12, 2019 4:46 PM Ex-minister pushes for Zimdollar

Former deputy Finance minister Terence Mukupe, said without reintroducing local currency and having a serious reengagement with the United States of America (USA) the country will continue to suffer. Posting on his Twitter account, Mukupe said the authorities must make bold decisions to take the country out of this crisis. “With the twin deficit we have…. Our situation 68

January 11, 2019 6:26 PM ZSE Top Ten Index swings into the black

The Zimbabwe Stock Exchange (ZSE) swung back into the black in the mid-week session after its top ten index put on a marginal 0,07 percent to close at 140,96 points, following a weak start to the second week of 2019. After opening the new year in losses as three of the benchmark indices took a knock, losses on the bourse recorded by Econet and Innscor 71

January 10, 2019 5:28 AM Grand fuel heist in Zimbabwe?

Zimbabwe consumed almost 480 million more litres of petrol and diesel in six months between June and November last year than in the same period in 2017, a gargantuan 77 percent extra, at an additional foreign currency cost of more than US$200 million. Figures released by the Ministry of Energy and Power Development show that consumption of diesel and petrol 61

January 9, 2019 4:40 PM Fuel price goes down

Fuel prices have slightly gone down despite persistent shortages being experienced throughout the country. Diesel was previously $1,34 per litre and is now at $1,25 while petrol which was $1,38 now costs $1,32 per litre. The free on board (FOB) charge for diesel is 0,5434 per litre while petrol is 0,4726. In a statement the Zimbabwe Energy Regulatory 69

January 7, 2019 10:51 AM Boarding schools demand groceries

Some boarding schools are reportedly demanding that part of fees payment be in form of groceries as they seek to cushion themselves against rampant price hikes. Last term some boarding schools were forced to demand fees top ups after prices of basic commodities increased beyond what they had budgeted. Schools open tomorrow and some of them have applied 71

January 1, 2019 1:46 AM Pay civil servants in hard currency: Chamisa

Government should make efforts to pay civil servants salaries in foreign currency, MDC president Nelson Chamisa has said. This comes as the on-going strike by doctors has entered its fourth week, after the government failed to address their grievances and demands — resulting in operations at public health institutions being severely affected by the industrial 25

December 27, 2018 3:34 AM Zimplats pockets $13,6m in export incentive

The country’s largest platinum miner, Zimplats has this year generated $13,6 million in export incentives, reflecting a marginal decrease of 2,9 percent from last year’s figures. In 2017, the company’s revenues from the export incentive scheme were at $14 million. Zimplats chief executive officer, Mr Alex Mhembere, in a statement accompanying the company’s 25

December 27, 2018 2:22 AM ZIMRA claims taxes in Zimbabwe not high

The Zimbabwe Revenue Authority (Zimra) says Zimbabweans are not highly taxed as claimed by some sections of society. Most of these taxes compare favourably with the rest of Sub-Saharan countries, Zimra Commissioner General Ms Faith Mazani, said this last week while fielding questions after unpacking the Authority’s five-year strategy (2019-2023). Ms Mazani 23