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 …

Bread price hikes for the 7th time… from ZWL15 to ZWL18

Bread price hikes for the 7th time…from ZWL15 to ZWL18 The price of bread has hiked for the seventh time this year by 2,7 percent from $14,75 to $18,45 for a standard loaf. The new prices are applicable to Baker’s Inn and Lobels bread only, while prices for Proton bread have remained unchanged. National Bakers …

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 …

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 …

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

SHOCK As Harare City Closes Own HQ Due To Lack Of Water

In a rather ironic development, the City of Harare has closed the Rowan Martin Building for health reasons.   The Rowan Martin building is the place where you go and pay the City of Harare for water and rates. This comes after the council failed to supply water to the building for over two weeks, a …

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 …

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 …

LATEST: Fuel Shoots Up Again As ZERA Announces New Prices For The Week

Fuel Shoots Up Again   The Zimbabwe Energy Regulatory Authority (ZERA) has announced yet another increase in the price of fuel effective tomorrow, Monday, 25 November 2019. Diesel has gone up by 16 cents per litre to cost ZWL$17.90 per litre while Blended Petrol has gone up by 37 cents per litre to cost ZWL$17.44 …

Special People Don’t Have Cash Withdrawal Limits – Mangudya Speaks On Mega Withdrawals Of $44 000 & $15 000

Cash Withdrawal Limits Don’t Apply To Everyone   Reserve Bank of Zimbabwe (RBZ) governor John Panonetsa Mangudya has said that cash withdrawals do not apply to everyone as some have special exceptions. Mangudya’s comments come after outraged Zimbabweans questioned how Ecobank and CBZ allowed certain customers to withdraw $15 000 and $44 000 in cash …

Special People Don’t Have Cash Withdrawal Limits – Mangudya Speaks On Mega Withdrawals Of $44 000 & $15 000