ZIMBABWE was yesterday morning hit by a country-wide power blackout after Zesa’s Insukamini sub-station in Bulawayo tripped, forcing the power utility firm to switch off the nation to avoid damage to the country’s electricity network. Both Zesa and government officials confirmed the development and said work was underway to ensure that electricity is fully restored….
MEAT prices have skyrocketed in most butcheries in Harare and other cities as retailers start implementing the 15 percent value added tax (VAT) introduced by the government effective January 1. This comes as the minister of Finance, Mthuli Ncube, and Zimbabwe Revenue Authority (Zimra) have introduced new measures to protect value chain integrity and transparency…
THE Zimbabwe Revenue Authority (Zimra) yesterday enforced a number of raft measures which will see informal traders and individuals without value added tax (VAT) licences not able to purchase goods worth over US$1 000 from wholesalers within a month. This comes as the government last year accused informal retailers, who exclusively transact in the United…
TWO Chinese companies, West International Holdings (WIH) and Labenmon Investments, have signed an agreement worth US$1 billion to manufacture cement in the country and create thousands of jobs. WIH is a subsidiary of a Hong Kong-listed company, West China Cement, a multinational enterprise integrating production and sales of cement and building materials, including industrial investment…
THE Civil Protection Unit (CPU) has started marshalling financial resources from local and international organisations to help thousands of flood victims who were affected by heavy rains that pounded Zimbabwe over the past two weeks. Heavy rains accompanied by strong winds left a trail of destruction in Manicaland, Masvingo, Midlands and Matabeleland North provinces at…
THE government says it is rolling out digital technology at all State-owned power sites to curb cases of rising vandalism, especially of copper cables and transformers. Speaking to the Daily News yesterday, Energy minister Edgar Moyo said vandalism has affected power supplies in the country and Zesa was digitalising all its infrastructure to deal with…
AUTHORITIES have suspended the payment of vehicle importation duty by local safari operators with effect from today until December 31, 2025. In the latest Government Gazette, Finance minister Mthuli Ncube said, in consultation with the Tourism minister Barbra Rwodzi, would approve the suspension of duty in respect of “specified new motor vehicles imported for exclusive…
THE Zimbabwe Council of Churches (ZCC) has called upon Zimbabweans to be peaceful, have unity and be focused in this new year. Speaking to the Daily News yesterday, ZCC secretary Wilfred Dimingo said 2023 had its joys and sorrows, while the general elections held last August left the citizens polarised before calling for Zimbabweans to…
POLICE are on the hunt for seven suspected land barons in Mashonaland East Province after they illegally parcelled out large tracts of state land to desperate would be farmers in Beatrice and Chivhu districts. This comes after the government and the ruling Zanu PF recently warned the public against buying land for residential and farming…
THE government says the coming in of Dinson Iron and Steel Company (Disco) in Manhize in Mvuma, Midlands Province, will expedite the construction of modern houses across the country. This comes after the US$1, 5 billion steel plant, which is expected to be operational early next year, will be Africa’s largest integrated steel plant and…
