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...
By Staff reporter | Published: 02 June 2022
The Reserve Bank of Zimbabwe (RBZ) has released US$23,89 million for the purchase of fuel to be sold in local currency for the week March 16 to 22. RBZ governor Dr John Mangudya made the announcement ...
By Staff reporter | Published: 18 March 2020
LOCAL company ezFuelapp.com has launched its first patent registered mobile application which enables Zimbabweans to purchase fuel online. The mobile application is now available for download on...
By Staff reporter | Published: 22 October 2019
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...
By Staff reporter | Published: 22 October 2019
The government is fast pushing for the introduction of electronic monitoring devices for the petroleum industry as part of measures to reduce arbitrage opportunities in the fuel sector, Energy and Pow...
By Staff reporter | Published: 11 October 2019
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
WORKERS and clients at Sakubva's Green-market home industrial park were lucky to escape unhurt after an empty fuel tanker exploded on Sunday afternoon. The tanker was being welded in a backyard indust...
By Staff reporter | Published: 05 October 2019
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
THE re-introduction of the Zimbabwean dollar is expected to bring stability to the fuel sector as Government tightens fiscal and monetary policies to ease pressure on foreign currency demand, National...
By Staff reporter | Published: 09 July 2019
GOVERNMENT has started implementation of a tracking system to stem leakages in the supply of fuel that have exacerbated shortages that are being experienced in the country, a Cabinet Minister said yes...
By Staff reporter | Published: 03 July 2019
THE country's fuel crisis is getting worse as long winding queues have begun to resurface across the country, a week after government banned the use of the multi-currency system.Deputy Energy minister...
By Staff reporter | Published: 02 July 2019
UNSCRUPULOUS fuel dealers are allegedly diverting large volumes of the commodity to the underground markets, causing shortages on the market, the National Oil Infrastructure Company (NOIC) chairman Da...
By Staff reporter | Published: 27 June 2019
TWO Gweru man sustained severe burns all over their bodies while vehicles worth US$9 000 were destroyed by a fire which started after one of them answered his cellphone while they were siphoning petro...
By Staff reporter | Published: 11 June 2019
THE Zimbabwe Revenue Authority (Zimra) says exercise duty collections more than doubled during the first quarter of 2019 compared to the same period last year after government hiked duty for fuel in J...
By Staff reporter | Published: 02 May 2019
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
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...
By Staff reporter | Published: 28 April 2019
Government has increased the mandatory blending of unleaded petrol from five percent ethanol to 10 percent with immediate effect. This was announced in a extraordinary Government Gazette published yes...
By Staff reporter | Published: 26 April 2019
DESPITE government castigating business for over-pricing, there is likely to be no respite for the embattled consumer anytime soon as the price of fuel continues to go up, almost on a weekly basis.A s...
By Staff reporter | Published: 24 April 2019
Fuel situation has improved in Bulawayo ahead of the Zimbabwe International Trade Fair (ZITF), which started yesterday.A survey by the Southern Eye shows that fuel supplies have started to normalise w...
By Staff reporter | Published: 24 April 2019
Industrialists say fuel availability has improved "significantly" in the last few months since Government took the bold decision to adjust the price upwards, with indications that the manufacturing se...
By Staff reporter | Published: 24 April 2019
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
Energy and Power Development minister Jorum Gumbo yesterday claimed that fuel companies were concentrating on supplying outlying areas resulting in a shortage of the commodity in urban areas.Gumbo mad...
By Staff reporter | Published: 03 February 2019
REDAN Petroleum has given in to pressure and reversed its decision to debase fuel coupons following President Emmerson Mnangagwa's decision to hike fuel prices by 150% three weeks ago.The decision fol...
By Staff reporter | Published: 30 January 2019
The decision by Redan Petroleum to debase fuel coupons following President Emmerson Mnangagwa's decision to hike fuel prices a fortnight ago has drawn fire, with lawyers demanding that the fuel distri...
By Staff reporter | Published: 25 January 2019
FUEL deliveries at service stations have resumed after being temporarily halted for about a week owing to the violent protests that rocked the country, a Cabinet Minister has said.In a telephone inter...
By Staff reporter | Published: 20 January 2019
Concern over Masvingo black market 
Kenya declares three days of mourning for Mugabe 
UK's Boris Johnson quits over Brexit stretegy 
SecZim licences VFEX 
Zimbabwe abandons debt relief initiative 
European Investment Bank warms up to Zimbabwe 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
