TELECOMS & TECHNOLOGY

Econet hikes data tarrifs by 23%

Econet Wireless on Wednesday raised its data prices by 23 percent, as the Zimbabwe dollar continues its slide.According to ZimTechreview, the company said its voice tariffs remained unchanged.Econet, ...

By Staff reporter | Published: 11 March 2020

BUSINESS NEWS

Business decries fuel price hikes

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...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

Zimpapers hike prices of all its publications

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...

By Staff reporter | Published: 07 October 2019

BUSINESS NEWS

Consumer Council of Zimbabwe flags shocking price hikes

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...

By Staff reporter | Published: 06 October 2019

BUSINESS NEWS

Zesa announces shock tariffs hike

HARD-PRESSED Zimbabweans will have to pay more for their power after Zesa Holdings hiked tariffs by a staggering 583 percent in a move set to trigger further rises in prices of goods and services in t...

By Staff reporter | Published: 05 October 2019

INDUSTRIALS & ENERGY

Another Zesa tariff hike looms

THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has applied to the Zimbabwe Energy Regulatory Authority (Zera) seeking another adjustment of electricity tariffs, saying the curr...

By Staff reporter | Published: 04 October 2019

OPINION

Mthuli Ncube, spare us those hikes

While ordinary Zimbabweans are bearing the brunt of the high cost of living following the recent fuel price hikes, the situation could get tougher if indications by Finance minister Mthuli Ncube are a...

By Editorial - Newsday | Published: 12 July 2019

BUSINESS NEWS

Zimbabweans face another fuel price hike

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...

By Staff reporter | Published: 11 July 2019

BUSINESS NEWS

Mthuli Ncube could hike rates over 50% to deal with speculators

Zimbabwe won't hesitate to raise interest rates above their current level of 50 percent to deal with speculative borrowers, Finance Minister Mthuli Ncube said on Monday.As inflation soared, the govern...

By Reuters | Published: 10 July 2019

BUSINESS NEWS

Electricity tariffs hike looms

Government says it will soon review electricity tariffs to reflect costs because current charges are no longer sustainable.Zimbabwe is currently facing its worst power shortages in years after low wat...

By Staff reporter | Published: 05 July 2019

BUSINESS NEWS

RBZ hikes interest rate to 50%

THE Reserve Bank of Zimbabwe (RBZ) has increased the interest rate on its overnight window to 50 percent per annum from 15 percent in a bid to tame inflationary pressures alongside other measures mean...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

Civil servants to receive another salary hike

JUSTICE minister Ziyambi Ziyambi yesterday assured Parliament that government is hoping to further increase civil servants' salaries to cushion them from the rising cost of living.Responding to differ...

By Staff reporter | Published: 20 June 2019

BUSINESS NEWS

Govt 300% fee hike irks industry

The government would to increase statutory fees for the mining sector by almost 300% in a move that has raised the ire of mining representative bodies.Application fees for platinum and chrome (ordinar...

By Staff reporter | Published: 05 May 2019

BUSINESS NEWS

'Price hikes reflect anti-export policy'

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...

By Staff reporter | Published: 01 May 2019

TELECOMS & TECHNOLOGY

Econet data bundle price hike largely expected

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 ...

By Staff reporter | Published: 01 May 2019

POLITICS

Bulawayo residents vow to resist BCC rates hike

BULAWAYO residents have reacted angrily to threats by the Bulawayo City Council (BCC) to forge ahead with rates and tariff increases due to runaway inflation despite resistance from ratepayers.The BCC...

By Staff reporter | Published: 29 April 2019

POLITICS

Mnangagnwa's govt hikes health workers' salaries

GOVERNMENT has gazetted new salaries for health workers in the medical and allied industry, with the least paid worker getting $330 and the highest paid getting $649 per month.Statutory Instrument 93 ...

By Staff reporter | Published: 28 April 2019

BUSINESS NEWS

'No fuel price hike in Zimbabwe'

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...

By Staff reporter | Published: 28 April 2019

INDUSTRIALS & ENERGY

Delta Corp volumes drop on price hikes

BEVERAGES producer, Delta Corporation, has recorded subdued volume performance for the quarter ended March 31, 2019 amid declining demand due to price increases. In a trading update for the period und...

By Staff reporter | Published: 26 April 2019

BUSINESS NEWS

Fuel price hike rumour trashed

ENERGY and Power Development Minister Joram Gumbo has assured motorists not to panic as Government is not planning to increase fuel prices again. His assurance comes after reports on social media indi...

By Staff reporter | Published: 04 February 2019

EDUCATION

Schools get nod to hike fees

GOVERNMENT has given schools the greenlight to increase 2019 tuition fees and levies, but only after seeking approval from the Primary and Secondary Education ministry.In a circular to principal direc...

By Staff reporter | Published: 21 December 2018

POLITICS

Gweru hikes burial fees 100%

GWERU City Council has proposed to more than double burial charges to $160 from $60 for non-residents and $80 from $30 for adults and children respectively, a senior council official has said.Acting d...

By Staff reporter | Published: 11 December 2018

POLITICS

Retailers project fresh wave of price hikes

RETAILERS have projected another round of price increases after Finance minister Mthuli Ncube unveiled a budget that will see an increase in import duty for fuel and other selected goods.Ncube last Th...

By Staff reporter | Published: 25 November 2018

BUSINESS NEWS

Govt shoots down 300% hike in uniform prices

Government has shot down proposals by textile firms to hike prices of school uniforms by a massive 300 percent.This comes after uniform prices went up by as much as 440 percent last month.Addressing a...

By Staff reporter | Published: 21 November 2018

POLITICS

Harare councillor proposes pay hike

A HARARE City councillor, Jacob Mafume (MDC Alliance), has proposed a pay hike for city employees as a way to retain skilled and experienced staff at a time service delivery is at its lowest.Officiati...

By Staff reporter | Published: 12 September 2018
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