Did You Know: All Zimbabwean Currency Denominations Combined Cannot Buy A Loaf Of Bread?

All Zimbabwean Currency Denominations Combined Cannot Buy A Loaf Of Bread This Friday morning, it took 69 Zimbabwean dollars to buy one loaf of bread from the supermarket as confidence in the local currency hits rock bottom. The price of a loaf of bread has gone up 3 times more than the value of the […]

Here Is How Much ZESA Electricity Now Costs In Zimbabwe Effective 11 June 2020

Here Is How Much Electricity Now Costs In Zimbabwe   The price of electricity has changed in Zimbabwe after the Zimbabwe Energy Regulatory Authority (ZERA) approved a change in the structure of the electricity tariffs. Power utility ZESA which is now using a steeped tariff pricing system also added a new band which was previously […]

Minister Chasi Defends Decision To Order Wicknell Chivayo Fraud Charges Dropped And For Zesa To Work With Him Instead

Minister Chasi Defends Decision To Order Wicknell Chivayo Fraud Charges Dropped    Minister of Energy and Power Development Fortune Chasi has defended his decision to order power company ZESA to drop all fraud charges against controversial businessman Wicknell Chivayo and to work with him instead. This comes after the Minister raised the ire of many […]

Shock As Energy Minister Orders ZESA To Drop Wicknell Chivayo Fraud Charges And Work With Him Instead

Minister Orders ZESA To Drop Wicknell Chivayo Fraud Charges   In a shocking turn of events, the Minister of Energy and Power Development, Fortune Chasi has reportedly ordered power utility ZESA to drop all charges against businessman Wicknell Chivayo and to work with him instead. The controversial businessman is facing charges of defrauding the power […]

Here Are The New Fuel Prices In Zimbabwe Effective 04 June 2020

New Fuel Prices In Zimbabwe    Motorists queue to buy petrol in Harare, Zimbabwe, October 8, 2018. REUTERS/Philimon Bulawayo   The Zimbabwe Energy Regulatory Authority (ZERA) has approved an increase in fuel prices following a month with no adjustment in the price of fuel. The new fuel prices are effective Thursday, 4 June 2020. Diesel […]

RBZ Limits Bank Transfers As It Battles To Cripple Forex Black Market | BREAKING

RBZ Limits Bank Transfers   The Reserve Bank of Zimbabwe (RBZ) has directed banks to limit internal bank transfers to cripple the foreign currency black market. The central bank’s Financial Intelligence Unit (FIU) today directed all banks to limit internal transfers to a maximum of just 2 per customer per day. iHarare has noted that […]

BAT Sues Government Over Cigarette Ban As Smokers Turn To Smoking Rooibos

BAT Sues Government Over Cigarette Ban Minister of co-operative governance & traditional affairs Nkosazana Dlamini-Zuma.Image: Picture: SIMPHIWE NKWALI   British American Tobacco South Africa (BATSA) has announced that it is suing the government over its decision to extend the ban on tobacco sales during Level 3 of the nationwide lockdown. BATSA which is the country’s […]