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...
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...
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...
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...
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...
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...
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...
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....
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 ...
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...
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,...
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...
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...
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...
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...
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...
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...
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. ...