© GLOW Petroleum has inked a deal with the Zimbabwe Miners Federation (ZMF) that will see the former exclusively supply the miners with fuel at competitive prices. The deal will see the petroleum company supply ZMF members with fuel at a cost of US$1 for diesel, while petrol will cost the miners US$1,05 across all…
© SEVEN human rights activists who stand accused of plotting to topple the government after attending a workshop in Maldives were back in court yesterday for routine remand. George Makoni, Tatenda Mombeyarara, Gamuchirai Mukura, Nyasha Mpahlo, Farirayi Gumbonzvanda, Sithabile Dewa and Beauty Rita Nyampinga are facing subversion charges after allegedly receiving training on how to…
© THE ruling Zanu PF and the main MDC will renew their rivalry in local authorities by-elections for Bikita and Nyanga slated for July 1. Moses Maposa will represent MDC Alliance in the Bikita Rural District Council Ward 31 by-election while Thomas Matanga will stand on a Zanu PF ticket. Peter Mavenga will represent the National…
© FORMER Finance minister Christopher Kuruneri has sought an interdict to have the Sheriff of the High Court compelled to complete the eviction of illegal gold panners from his Mazowe Farm. Kuruneri wants the Sheriff of the High Court compelled to complete the eviction of Arnold Chidawanyika, his equipment and machinery from the farm. [GoogleAd]…
© ZIMRE Property Investments Limited is seeking shareholders’ approval to buy back some of its shares. In a notice, Zimre said the ordinary shares to be purchased will not exceed 10 percent of the shares of the company in issue prior to the date of this resolution. “The purchase price shall not be lower than…
© HARARE man Moreprecision Muzadzi has set his eyes on the sale of late MDC leader Morgan Tsvangirai’s Strathaven property to recover a $205 000 debt that was not settled before his death. This has been detailed in an urgent chamber application filed by Muzadzi in which he is demanding $84 800 which was initially…
© ENERGY and Power Development minister Fortune Chasi yesterday said his ministry is considering declaring the rampant theft and vandalism of electricity infrastructure a state of national disaster so that appropriate national response can be mobilised. The minister’s remark comes amid intense electricity blackouts across the country, which is affecting business operations. [GoogleAd] Represented by…
© THE RTGS dollar’s continuous slide is pushing drug prices beyond the reach of many. A survey by the Daily News yesterday revealed that the situation is particularly desperate for those with chronic illnesses such as high blood pressure (BP) and diabetes. While the drug prices have remained stable in United States dollar (USD) terms,…
© THE struggling National Railways of Zimbabwe (NRZ) will refurbish some of its old wagons and acquire news ones within the next three years to boost its operations. While the NRZ requires about 4 246 wagons to operate viably, it only has 3 660 units, thus leaving a negative gap of 586. In a series…
© UNITED States-based economists Steve Hanke says inflation in Zimbabwe has climbed to 326 percent, the second highest in the world after Venezuela. Writing on his Twitter handle, Hanke said the swift depreciation of the local RTGS dollar on both the formal and informal markets has triggered the rise in inflation. [GoogleAd] “The RTGS dollar…
