admin
- businessweekly
- July 26, 2019
- 152 views
Zesa seeks 9-fold tariff hike…seeks US dollar tariff converted using interbank
Zesa wants to convert its old 9,83 cent kilowatt hour to RTGS dollars at the interbank rate, a near 9-fold increase to almost $1 a unit.
- businessweekly
- July 26, 2019
- 87 views
Industry backs ring fencing, tariff hike
Industry has requested a power tariff hike in the interim while welcoming a proposed “ringfencing arrangement” for exporting firms, as strategies to address a crippling power crisis the country faces
Olinda, Tytan in open relationship . . . Cheating Tytan gets passport to chase skirts
Bongani Ndlovu, Showbiz Correspondent OLINDA Nkomo, nee Chapel, has decided to be in an open relationship after she recently found out that her youthful husband musician, Tytan Nkomo cheated on her with…
- businessweekly
- July 26, 2019
- 84 views
Understanding economic cost of power shortages
Zimbabwe is currently experiencing crippling power shortages. As of yesterday, most parts of the country, including industrial areas, were going without power for upward of 18 hours.
Jaure, Sibanda captain Chan squad . . . Bosso, Chicken Inn and Yadah players dominate
Sikhumbuzo Moyo, Senior Sports Reporter MANICA Diamonds defender Partson Jaure will skipper the Warriors when they take on Mauritius in the first round first-leg of the African Nations Championship (Chan) qualifier…
Pricing cartels under probe
Oliver Kazunga, Senior Business Reporter THE Competition and Tariff Commission (CTC) has raised fears over the possibility of some producers colluding to increase the cost of goods and services under the…
Chronicle Editor
- Chronicle
- July 26, 2019
- 66 views
UPDATED: Mupfumira arrested . . . ZACC snares Minister in first big catch
Daniel Nemukuyu, Harare Bureau THE recently constituted Zimbabwe Anti-Corruption Commission (ZACC) yesterday hit the ground running, arresting Environment, Tourism and Hospital Industry Minister, Prisca Mupfumira, on corruption allegations involving $95 million.…
- businessweekly
- July 26, 2019
- 76 views
Paynet sues Bankers Association for US$100m
Paynet, the former provider of bulk payments technology to Zimbabwe banks, blames the BAZ for the ending of its business.
- businessweekly
- July 26, 2019
- 62 views
Banks’ profitability tumbles 9 percent
ZIMBABWEAN banks suffered a cumulative 9 percent decline in profitability to $78 million in the first quarter of this year after some of the financial institutions incurred significant exchange losses, but their regulator says the industry remains largely stable.
EDITORIAL COMMENT: UK-Zim relations set for reset under new British PM
WE congratulate Mr Boris Johnson on his appointment as the British Prime Minister following his defeat of Mr Jeremy Hunt in an internal contest of the ruling Conservative Party. Mr…