When crude surges above US$90 a barrel and the leaders of Saudi Arabia and Russia get on the phone to congratulate each other on a job well done, oil consumers should take note.After half a year in th...
A shortage of oil refineries across sub-Saharan Africa coupled with soaring crude prices because of the war in Ukraine has left countries dangerously short of fuel supplies, disrupting airlines and ca...
THE Zimbabwe Energy Regulatory Authority (Zera) said on Saturday that the country's fuel prices remain unchanged for this week, much to the relief of motorists used to weekly price increases. This i...
Zimbabwe has increased the average electricity tariff by 320% to let the state power utility ramp up production and improve supplies at a time of daily rolling power cuts, the national energy regulato...
THE Zimbabwe National Chamber of Commerce (ZNCC) has expressed concern over continuous fuel price increases saying the trend was negatively impacting on production due to rising cost of goods and serv...
Zimbabwe Newspapers Limited (Zimpapers) has announced new cover prices for all its publications with effect from Thursday 3 October 2019. Below is the statement from Zimpapers:Zimpapers would like to...
PRICES of basic commodities, including fuel, and services continue to soar days after President Emmerson Mnangagwa threatened to introduce the Competition Act to impose deterrent penalties to combat w...
DEBATE is raging regarding how much more long-suffering Zimbabweans can take of the double whammy of skyrocketing prices of basic goods and escalating shortages of essentials such as water, medicines,...
The Consumer Council of Zimbabwe has raised concerns over incessant basic commodity price hikes which have seen the low income monthly food basket, for a family of six shoot to over $1 500 from $971 b...
Silo Foods Industries is now buying maize and small grain from farmers at RTGS$4 000 per tonne, representing a 90.47% increase from RTGS$2 100 being offered by its parent Grain Marketing Board (GMB).&...
RETAILERS, who stand accused of profiteering, have attributed the relentless price increases to currency instability and the rising cost of doing business. In an interview, Confederation of Zimbabwe R...
The government has tightened its monitoring mechanisms on subsidised bread-making flour to millers and bakers to avoid unjustified bread price increases.This comes after several reports of some "baker...
CONSUMERS have called on the business community to reduce prices in line with the decline in exchange rates and implored Government to create a framework that guides pricing based on productive fundam...
How many jobs were created in the Midlands province in the month of June 2019? Were there policies put in place, 12 or 6 months ago, in Midlands that can be referenced as explanatory to the job number...
FINANCE minister Mthuli Ncube says government is set to increase the prices of electricity and fuel because the current pricing structure was no longer sustainable.Zimbabwe is currently battling a sev...
LISTED quick service business, Simbisa Brands, has set the pace by slashing prices of its major products by 20 percent margins in response to monetary and fiscal consolidation measures being implement...
PRESIDENT Emmerson Mnangagwa's under-pressure government says it is confident that the sky-high prices of basic goods that have made the lives of ordinary citizens miserable over the past few months w...
The Economists Roundtable has implored businesses to stop pegging prices of goods and services against the value of the US dollar since the costs they incur are in local currency. The call follows the...
THE Confederation of Zimbabwe Industries (CZI) says price hikes currently obtaining in the country are a reflection of government's anti-export policies and not the fault of industry.CZI president Sif...
The country's largest mobile network operator Econet Wireless Zimbabwe has adjusted its data bundle tariffs upwards in a move that was largely expected, following State-owned competitors NetOne ...
Prices of building materials have gone up by 54,28 percent in the first quarter of 2019, a move which will spike construction costs for prospective homeowners, the Zimbabwe National Statistics Agency ...
THE Government will this week meet with bakers and millers to discuss the recent increase in bread prices which it feels is unfair and unjustified and map a way forward to come up with an affordable p...
Small-scale gold producers in Masvingo province have welcomed the recent price increase of the yellow metal on the world market and pleaded with Fidelity Printers and Refiners (FPR) to localise the in...
The Minister of Energy and Power Development, Joram Gumbo has allayed fears of a fuel price hike, dismissing claims of an increase on the pump price of petrol and diesel as false.This follows the gove...
THE price of fuel has slightly gone down after the Government announced an increase in the blending ratio of petrol from five percent to 10 percent last week.In a notice, the Zimbabwe Energy Regulator...