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Wednesday, April 24, 2019
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From festivals in Florida to touring Dracula’s digs in Romania, we round up the best destinations to visit this October. As summer abandons Europe again this October, eke out the last of the rays and raves in Ibiza, where nightclubs will be going out with a bang for the winter break. When the party finally stops head to the island’s north.

LCs delayed maturities affecting fuel supplies: Magombo

 Staff Writer Government says the fuel shortages, which have resurfaced in recent weeks were mainly due to the delays in the processing of Letters of...

Govt scraps fuel rebate

Tinashe Makichi The government has scrapped the rebate on fuel following the movement in the exchange rate.  The Reserve Bank of Zimbabwe (RBZ) devalued electronic balances...

Global energy firm applies for SEZ permit

Tinashe Makichi Multinational electricity generating company, Green Rhino Energy has applied for a Special Economic Zones permit following completion of some preliminary works at its...

Zimbabwe’s power sector requires US$8bln

PHILLIMON MHLANGA HARARE-At least US$8 billion is required to rehabilitate Zimbabwe’s   dilapidated energy infrastructure which has been described as a major impediment to development.  Energy and...

Zimbabwe ‘losing fuel’ to forex-rich neighbours

CHENGETAI ZVAUYA Zimbabwe could be losing millions of litres of fuel to neighbouring countries under its bonded warehouse scheme because the government is failing to...

Uneconomic tariff cost ZESA $500m

PHILLIMON MHLANGA ZESA Holdings’ unit, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), has accumulated a loss of more than $500m due to non-cost reflective...

RTGS Dollar≠Crypto-currency

Batanai Matsika On Friday 22 February 2019, our analyst; Batanai Matsika had an interesting interview with South Africa’s Business Day TV (DSTV Channel 412). The...

Econet rolls out solar plants

PHILLIMON MHLANGA IN VICTORIA FALLS Distributed Power Africa Zimbabwe (DPAZ), a renewable energy unit of Econet Group, will commission two solar power plants in the...

Energy Council to host 2019 electricity outlook

BUSINESS WRITER ZIMBABWE’s energy think tank Zimbabwe Energy Council (ZEC) will be hosting its Annual Electricity Outlook 2019 on February 28 to discuss the country’s...

ZESA seeks 52% power tariff increase

CHENGETAI ZVAUYA The country’s integrated power generation and distribution company, ZESA, through its subsidiary, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), is seeking a...