BUSINESS NEWS

'Dealers diverting fuel to black market'

UNSCRUPULOUS fuel dealers are allegedly diverting large volumes of the commodity to the underground markets, causing shortages on the market, the National Oil Infrastructure Company (NOIC) chairman Da...

By Staff reporter | Published: 27 June 2019

BUSINESS NEWS

Zera investigates 'Queen B' and other fuel dealers

ZIMBABWE Energy Regulatory Authority (Zera) says it is carrying out investigations in collaboration with the police on fuel dealers accused of pushing the product to the black market, where it is then...

By Staff reporter | Published: 01 January 2019

BUSINESS NEWS

Plumtree dealers sell cement in US$

FORMER MDC legislator for Bulilima East, Norman Mpofu has urged Industry and Commerce minister Mangaliso Ndlovu, to rein in unscrupulous cement dealers in Plumtree who were rejecting the bond note and...

By Staff reporter | Published: 03 December 2018

BUSINESS NEWS

Cash dealers slash exchange rate

CASH dealers are selling bond notes at a premium rate of 22% to buyers using EcoCash in the high-density Harare suburb of Mbare, which is the lowest rate on offer thus far.In a snap survey conducted b...

By Staff reporter | Published: 23 July 2018

BUSINESS NEWS

Forex dealers pushed back for Mnangagwa's arrival

Security details yesterday pushed back illegal foreign currency dealers from the Meikles Hotel where President Emmerson Mnangagwa was meeting a high-profile delegation of Chinese investors.Mnangagwa a...

By Staff reporter | Published: 12 June 2018

BUSINESS NEWS

Fuel dealers comply with D50 directive

Most fuel dealers across the country have heeded Government's call for industry players to comply with Diesel 50 usage as part of efforts to use environmentally clean fuel that increases vehicles' lif...

By Staff reporter | Published: 09 April 2018

MINING & RETAIL

Illegal gold dealers under investigation

Fidelity Printers and Refiners is investigating registered gold buying agents amid indications of rampant black market dealings which could be prejudicing Zimbabwe of millions of dollars.Responding to...

By Staff reporter | Published: 04 February 2018

BUSINESS NEWS

Forex dealers get free rein

The Zimbabwe Republic Police says it is finding it difficult to bring cash vendors to book because there is need for an officer of the law to witness an illegal transaction before effecting an arrest....

By Staff reporter | Published: 17 January 2018

BUSINESS NEWS

Cash dealers re-invade Byo CBD

ILLEGAL cash dealers are back on the streets of Bulawayo, charging desperate citizens over 50% premiums on United States dollars.This is despite the fact that in September this year, former president ...

By Staff reporter | Published: 26 November 2017

BUSINESS NEWS

Illegal currency dealers face arrest

Government on Thursday gazetted a regulations to provide for the arrest and prosecution of illegal currency dealers who sell cash at a premium. Previeosuly, the Banking Act only allowed the Reserve Ba...

By Staff reporter | Published: 29 September 2017

BUSINESS NEWS

Zimra descends on second-hand tyre dealers

THE Zimbabwe Revenue Authority (Zimra) has pounced on Chinese-owned companies selling motor vehicle tyres that are suspected to have been smuggled into the country.In an interview, Zimra spokesperson,...

By Staff reporter | Published: 27 September 2017

BUSINESS NEWS

RBZ to craft law to arrest cash dealers

The Reserve Bank of Zimbabwe (RBZ) says it is finally working on an instrument to arrest cash dealers operating on the parallel market, where they are effectively controlling the economy with authorit...

By Staff reporter | Published: 27 September 2017

BUSINESS NEWS

Forex dealers rule the roost amid Zim cash crisis

ILLEGAL foreign currency traders - popularly known as osiphatheleni - are flourishing in Bulawayo, as desperate Zimbabweans flock to them in attempts to access cash.While police descend on the money d...

By Staff reporter | Published: 09 August 2017

INDUSTRIALS & ENERGY

Nissan SA engages 5 Zimbabwean dealers

Nissan South Africa has partnered five local Nissan dealers in a direct to dealer arrangement that will see the company extending its footprints on the local market. The five chosen dealers are set to...

By Business Reporters | Published: 09 July 2014

INDUSTRIALS & ENERGY

Zera licences 307 fuel dealers

The Zimbabwe Energy Regulatory Authority has revealed that it issued 307 licences to fuel importers, wholesalers, producers, blenders and retailers in 2012 in response to the country's increasing dema...

By Staff reporter | Published: 21 February 2014

INDUSTRIALS & ENERGY

Fuel dealers adopt mandatory blending

Fuel dealers have moved in to comply with the country's laws which stipulate that petrol sold locally should be blended with five percent ethanol.With the statutory instrument 17 of 2013 which compels...

By Staff reporter | Published: 10 October 2013

INDUSTRIALS & ENERGY

2 months altimatum for fuel dealers

The Zimbabwe Energy Regulatory Authority (ZERA) has given fuel dealers two months to comply with 5% mandatory blending following the licensing of the $600 million Chisumbanje ethanol plant under Green...

By Business reporter | Published: 19 August 2013

BUSINESS NEWS

Fuel dealers warned

Fuel operators risk losing their trading licences if they fail to comply with the mandatory blending of petroleum products and provide weekly returns to the Ministry of Energy and Power Development. ...

By Staff reporter | Published: 19 August 2013
Pages:
1

Latest News

Latest Published Reports

Latest jobs