Business

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Chicken Basket To Deliver With Agilitee’s Electric Motorcycles

Staff ReporterFast Food outlet, Chicken Basket has embraced the green energy drive after signing a deal with electric vehicles company Agilitee Africa to deliver its supplies using the company’s electric motorcycles. In an interview, Agilitee Africa Country Director Mr Tanaka Kutama said:“We have signed a deal with Chicken Basket to …

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Industry Rejects ZESA Tariff Hike

Industry has rejected ZESA’s proposal for an unprecedented electricity tariff hike in United States dollars saying it would create a miserable situation for companies already battling to remain afloat. Business Times can report that ZESA proposed to review upwards its electricity tariff to US$0.1221 per kilowatt hour (kWh) from the …

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Bindura Appoints Town Clerk

By Bindura BureauBindura Municipality has appointed a new substantive town clerk with immediate effect, Nhau/Indaba has established. Council insiders say Housing Director Eveline Madziire is now at the helm of the authority. She takes over from Kelton Chinowaita who has been at the rudder since September 2020 after the then …

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CZI Raises Alarm On Rising Crime

The country’s organised manufacturing sector lobby group, the Confederation of Zimbabwe Industries (CZI) has sounded the alarm bells over rising crime levels, warning that this may affect foreign direct investments. In its latest report titled Crime Trends in Zimbabwe, the CZI says crime has been on an upward trend, increasing …

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Parallel Market Rates Fall Spurs Retailers To Woo Shoppers

Zimbabwean retailers are trying to woo shoppers to spend their United States dollars in-store by offering better exchange rates than the black market. It’s the first time in three years that momentum has swung in favour of the official markets and may help bring the southern African nation’s runaway inflation …

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Education Has Highest Inflation: ZimStat

The country’s education sector has the highest inflation compared to other sectors, according to the latest Zimbabwe Statistics Agency (ZimStat) report. ZimStat says education had the highest inflation at 30% as of September following a hike in tuition fees. “Zimbabwe’s major groups with high inflation in September 2022 are: Education …

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Zacc, Zec Snub Financial Audit

The Zimbabwe Anti-Corruption Commission (Zacc) and the Zimbabwe Electoral Commission (Zec) continue to refuse to avail their financial assets for auditing, prompting Auditor-General Mildred Chiri to compel Treasury to take action to ensure that the commissions comply with the law. Zacc is tasked with combating graft while Zec is mandated …

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ZIMRA Customs Agent In US$430k Theft Storm

Tinapan Investments Company, a registered customs clearance entity, has been dragged to court by the Zimbabwe Revenue Authority (ZIMRA) on allegations of misappropriating funds amounting to US$437,433. Represented by Tinashe Jongwe, the company appeared Tuesday before Harare Magistrate, Taurai Manuwere, and was granted ZW$50 000 bail. The company is said …

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