Rand weakens in cautious trade ahead of inflation, rates decision

JOHANNESBURG – South Africa’s rand backtracked on Tuesday, surrendering the previous session’s small gains in cautious trade as investors awaited key data release later in the week. At 0730 GMT…

Afforestation levy rakes in $22 million

HARARE – At least $22 million in afforestation levy was collected from tobacco farmers over the last three tobacco marketing seasons, an official said on Monday. Farmers are charged 0.75…

LATEST: ZERA hikes fuel prices

Harare Bureau THE Zimbabwe Energy Regulatory Authority (ZERA) has gazetted new maximum retail prices of fuel reflecting average increases of 46 percent for blend petrol and 49 percent for diesel,…

JUST IN: Women drugged, robbed while unconscious

Sindisiwe Sibanda, Sunday News Reporter A BULAWAYO woman suspected to be an illegal foreign currency dealer was last week allegedly drugged and robbed of US$500, $2 000, R1 000 and…

JUST IN: Man rapes friend’s girlfriend

Thobekile Khumalo, Sunday News Reporter A 34-year-old Bulawayo man last week appeared in court for allegedly raping his friend’s girlfriend after he had sent the friend to buy beer. Thabo…

ZERA hikes fuel prices from today

THE Zimbabwe Energy Regulatory Authority (ZERA) has gazetted new maximum retail prices of fuel reflecting average increases of 46 percent for blend petrol and 49 percent for diesel, with the new prices effective from today.

JUST-IN: ZINARA workers in $130 000 scam

A Chinhoyi magistrate has denied bail to three Zimbabwe National Road Administration (ZINARA) workers who were arrested recently for defrauding the scandal-hit State entity of at least $130 000.

Forex for fuel via interbank. . .RBZ scraps 1:1 rate for oil marketing firms

Africa Moyo, Harare Bureau GOVERNMENT has, with effect from today, removed the 1:1 foreign currency exchange rate for the procurement of fuel by oil marketing companies, which will result in the…

Government slashes Zupco fares

Harare Bureau Government has, with effect from today, slashed Zimbabwe United Passenger Company (Zupco) fares by 50 percent, for both urban and rural trips, a situation that will see local…

‘Robbers’ locked in at crime scene

Michelle Gwizi, Chronicle Reporter A FORMER employee at a Bulawayo service station allegedly teamed up with a friend to rob the station. Macdonald Brewer (24) and Desire Moyo (25) appeared before…

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