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Byo businesses call for an enabling environment

The business community in Bulawayo has called on the government to create an enabling industrial environment in the New Year to ensure the economy thrives for the good of everyone. Zimbabwe’s economy, which contracted by -7 percent last year is facing a cocktail of challenges, chief among them, power outages, the volatile currency, price distortions, […]

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MPs question ZUPCO subsidy scheme

Members of Parliament (MPs) have questioned the sustainability of the government’s mass public transport scheme under the Zimbabwe United Passenger Company (ZUPCO), which is gobbling millions of dollars in subsidies every week. The government is forking out ZWL$40 million every week to pay out the subsidies. In Bulawayo, passengers were yesterday seen stranded as there […]

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Power tariffs to be reviewed monthly: ZESA

Zimbabwe Electricity Supply Authority (ZESA) holdings acting group chief executive officer, Engineer Patrick Chivaura says electricity tariffs will be now reviewed monthly at inter-bank market rates as a means to guarantee the availability of electricity in the country. Engineer Chivaura said while addressing the 2019 Water, Energy, Climate, Industry (WASHEN) conference on Thursday, adding that […]

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‘We are not benefitting from our mineral resources’

Mining communities have called on the government to ensure that mining companies channel part of their proceeds to the development of surrounding communities. Making their presentations during the Zimbabwe Alternative Mining Indaba in Bulawayo, Wednesday, representatives from these communities said local people are not benefitting from natural resources extracted from their areas.  The Indaba is […]

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MDC tightens security ahead of march

Zimbabwe’s main opposition party, the Movement for Democratic Change (MDC) says it has put in place security measures to protect their membership from further attacks by suspected security agents before and after its ‘highly anticipated’ march. This follows the abduction and ‘severe’ torture of two activists Tuesday night by suspected security agents ahead of the […]

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Service delivery faces imminent collapse, Clr warns residents

Ward 20 councillor, Alderman Earnest Rafamoyo says residents should brace themselves for a repeat of the 2007 situation when the Bulawayo City Council (BCC) struggled to provide quality services to residents due to the economic collapse. During 2007-2008 period the city`s service delivery system collapsed with residents enduring regular sewer bursts, water shortages, deplorable road […]

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SI 142 to impact negatively on council finances: Mayor

By Albert Nxumalo The controversial Statutory Instrument 142 promulgated by Government in June which resulted in the Reserve Bank of  Zimbabwe hiking interest rate from 15 percent per annum to 50 percent per annum will negatively impact Bulawayo City Council`s financial performance which may lead to loan repayment instalments doubling up, a senior official has said. Outlining […]

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