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The government wants nearly 100 percent of bulk fuel imports into Zimbabwe to be transported using the Feruka Oil Pipeline to lower the cost of the key commodity and protect the country’s major roads from the destructive “pounding’ effect of tankers.
A power deal between Zimbabwe and South Africa could not sail through this week after it emerged that an inter-ministerial Memorandum of Understanding (MoU) that was meant to be signed on Monday had not been vetted by the Attorney-General (AG). The Financial Gazette can reveal that Energy and Power Development Minister, Samuel Undenge, was meant […]
By Bianca Mlilo Only two out of Zimbabwe’s five power stations were operational yesterday with Kariba Hydro-Power Station producing the highest output at 703MW while Hwange Thermal Power Station recorded its lowest – at 185MW. According to the Zimbabwe Power Company (ZPC) daily generation update, the country’s three thermal stations, Munyati, Bulawayo and Harare were […]
By Tatenda Dewa | Harare Bureau | A devastating fuel shortage is looming amid revelations that banks are failing to process importers’ orders due to a biting shortage of foreign currency in banks. Fuel shortages would offset inflationary trends and drive diesel and petrol to the black market, reminiscent of the period from the mid-2000s […]
The Zimbabwe government says it will not reverse its ban on used car imports that are over five-years-old and Left Hand Drive vehicles despite legal threats from transport operators.