Mealie Meal Price Set To SKYROCKET Again As Govt Reneges On Subsidy Agreement

Mealie Meal prices set to skyrocket Mealie Meal prices are set to skyrocket yet again after the government failed to honour its promise to subsidize the staple. Just a week after saying that they would pay the millers upfront with the cost of the subsidy, the government has failed to honour its word. iHarare has […]

Expect Much Longer Power Cuts: ZESA Announces Load Shedding Blow As SA Moves To Stage 6

ZESA Announces Load Shedding Blow Struggling power utility ZESA, has delivered more bad news for struggling Zimbabweans after warning that load shedding has been escalated and will now be at Stage 2.  This comes just hours after South Africa power utility Eskom announced that it was moving to Stage 6 load shedding. Since Zesa gets […]

Sweet News To Zimbos As Mnangagwa To Slash Prices Of 7 Basic Commodities Following Mealie Meal Subsidy

Mnangagwa To Slash Prices President Emmerson Mnangagwa has said that his government is going to slash the prices of 7 basic commodities in order to protect the people from skyrocketing prices. This comes a few days after the price of meal mealie was slashed by 50 percent from a $100 for a 10 kg packet […]

WATCH: Mthuli Ncube Blames Accounting Issues For “Missing” Donor Funds After China & USA Raise Alarm

Finance and Economic Development Minister Mthuli Ncube has blamed different accounting standards to explain the mismatch in donor funding. Mthuli’s explanation comes after the United States of America and the People’s Republic of China raised alarm over the amounts stated by Ncube. The two superpowers insisted that they had donated much more than what Mthuli […]

RELIEF As Mthuli Orders Mealie Meal Price To Be Slashed In Half After Mnangagwa Fury

Mthuli Orders Mealie Meal Price To Be Slashed In Half Finance Minister Mthuli Ncube has eaten humble pie and ordered the price of mealie meal to be slashed by a massive 50 percent. This comes a few weeks after the Minister lifted all subsidies on the country’s staple apparently, without consulting his boss President Emmerson […]

South Africa’s PEP Flees Zimbabwe After Making Huge Losses…Cites Ongoing Crisis

Reuters South African retailer Pepkor Holdings said on Monday it will exit Zimbabwe after an economic crisis in the country hurt its performance. Severe shortages of foreign currency, fuel and electricity have sent inflation soaring to its highest since 2008, and dashed hopes the economy might recover under President Emmerson Mnangagwa, who took over from […]

JUST IN: Fuel Shoots Up Again As ZERA Announces New Prices

The Zimbabwe Energy Regulatory Authority (ZERA) has announced yet another increase in the price of fuel effective Monday, 18 November 2019. Diesel has gone up by 21 cents per litre to cost ZWL$17.74 per litre while Blended Petrol has gone up by 30 cents per litre to cost ZWL$17.07 per litre. This week’s margin of […]