Business

POWER utility ZESA has approached the power regulator for a threefold increase in tariffs to ZWL$0.81 per kilowatt hour from the current ZWL$0.27 in an effort to reduce load shedding. The bid for a review comes barely a month after the government increased tariffs to ZWL$0.27 cents per kilowatt hour from ZWL$0.0986 cents, the first time it has done so since 2011.Insiders say despite the review early this month, Zesa is still struggling to meet…

Professor Jonathan Moyo has sensationally claimed that Chief Justice Luke Malaba and other members of the Judiciary are involved in a matter that saw them blowing an accounted USD$100 000 during a recent trip. Said Moyo, “Trouble at the Judicial Services Commission (JSC). CJ Malaba was recently in Russia with Msipa, Makomo, Acting Registrar and two girls. USD100K was chewed up & unaccounted for. Meanwhile Acting JSC Secretary, W Chikwanha has new wheels, latest Range…

-Zimbabwe People First spokesperson Jealousy MawarireZimbabwe People First spokesperson Jealousy Mawarire has attacked former minister Sekai Holland for dismissing allegations that MDC Alliance youth leader Obey Sithole was almost abducted by state security agents.Holland on Sunday said some allegations made by the MDC Alliance and NGOs of abductions and torture were either false or exaggerated. She also accused foreign missions accredited to Zimbabwe of naively buying into the abduction and torture claims without determining whether…

Masked gunmen stormed the Waterfalls home of Prophetic Healing and Deliverance Ministries (PHD) founder Walter Magaya – severely assaulting his mother in the process, before taking off with a Mercedes Benz that was parked in the yard, US$2000 in cash and a number of cell phones. Police told the Daily News yesterday that a few minutes after the robbers hit Magaya’s residence late on Sunday night, they had received a report of a similar barbaric…

The officials from the Ministry of Finance were questioned by the Parliamentary Public Accounts Committee Chairperson Tendai Biti to provide details of the company and they all said they do not know anything about it. Their response caused Biti to blast the officials saying they were going against the law which demands that they must know their client before they pay any money.However, Open Parly tweeted that the company, “used to be a funeral services…

The Ministry of Finance and Economic Development reportedly paid about USD$ 3 Billion towards the controversially Command Agriculture without parliament approval uit has emerged. The matter came to light on Monday when the Ministry of Finance officials appeared before the Tendai Biti led Parliament Public Accounts Committee.The officials who included Chief Principal Director Zvinechimwe Ruvinga Churu agrred that in 2018 Ministry of Lands, Agriculture, was allocated 294 million US dollars on the budget but the…

MDC Treasurer General David Coltart has snubbed the Honorary Doctorate that was extended to him by the Commonwealth University. In a letter of nomination the Unioversity had said, “As part of the activities lined up to celebratye and challenge leaders like you, a selected number of distinguished personalities who will accept to attend and participate in the Dubai leadership workshop have been nominated to receive the Honorary Doctorate Degree of the Commonwealth University. You are…

FORMER CO-MINISTER OF STATE FOR NATIONAL HEALING, RECONCILIATION AND INTERGRATION during the inclusive Government and founding member of the MDC, Mrs Sekai Holland, has said some reports of abduction of opposition and civil society members by alleged State security agents were false. Mrs Holland, who is National Peace Trust (NPT) board of trustees chairperson, said it was critical for diplomats in the country to first verify abduction claims before circulating messages on social media. “The…

HUMAN RIGHTS WATCH URGES SOUTH AFRICAN GOVERNMENT to take urgent measures to protect foreign national truck drivers from violence, intimidation, and harassment in the country’s cycle of xenophobic violence. The organisation has reported that people claiming to be South African truck drivers have thrown gasoline bombs at trucks and shot at, stoned, stabbed, and harassed foreign truck drivers to force them out of the trucking industry. “South African authorities should urgently intervene to stop the…

NEW FUEL PRICES Harare diesel -$10.32, blend-$10.01, Bulawayo diesel $10.69 , blend- $10.39, Hwange diesel $10.82 , blend going-$10.52 taking into account transport costs for week starting Monday 26 August 2019 according to the Zimbabwe Energy Regulatory Authority. The Zimbabwe Energy Regulatory Authority has announced new fuel prices for week starting Monday 26 August 2019.In Harare diesel will be selling at $10.32 and blend at $10.01, Bulawayo prices are at $10.69 for diesel and $10.39…