POLITICS

Harare councillor proposes pay hike

A HARARE City councillor, Jacob Mafume (MDC Alliance), has proposed a pay hike for city employees as a way to retain skilled and experienced staff at a time service delivery is at its lowest.Officiati...

By Staff reporter | Published: 12 September 2018

BUSINESS NEWS

Restless unions push for pay hike

Zimbabwe's new Cabinet will face major problems from day one, with militant unions already pushing for pay rises in the wake of the recent price hikes and deteriorating economy, which they say have er...

By Staff reporter | Published: 10 September 2018

BUSINESS NEWS

Price hikes hit Zimbabwe

PRICES of basic goods such as mealie-meal, meat, soap, toiletries, rice, sugar and vegetables are spiralling out of control due to a currency crisis precipitated by foreign currency shortages.The pric...

By Staff reporter | Published: 06 September 2018

INDUSTRIALS & ENERGY

Zim government hikes duty on fabrics

FABRIC prices have spiked after government increased import duty on polyester in a bid to protect local industries, The Financial Gazette reported.Depending on the composition and type of fabric, the ...

By Staff reporter | Published: 23 July 2018

BUSINESS NEWS

Teachers irked by soldiers salary hike

THE Progressive Teachers' Union of Zimbabwe (PTUZ) yesterday expressed dismay over what they called discriminatory practices by government after soldiers were awarded a 22,5% salary hike and police of...

By Staff reporter | Published: 13 July 2018

INDUSTRIALS & ENERGY

More fuel price hikes coming

MOTORISTS should brace for more fuel price hikes as oil prices continue to move northwards while government insists on controlling the fuel industry and maintaining a myriad of taxes on the sector, a ...

By Staff reporter | Published: 05 July 2018

BUSINESS NEWS

Basic commodity price hikes loom

An increase in prices of basic commodities and other products is looming in Zimbabwe, as fuel prices continue on an upward trend, the Confederation of Zimbabwe Retailers (CZR) has warned.Fuel prices h...

By Staff reporter | Published: 04 June 2018

BUSINESS NEWS

Govt clueless on dealing with fuel price hikes

Fuel prices continued on an upward trend in the past few days, with authorities seemingly groping in the dark on how to respond to the issue.The price of petrol and diesel rose by a cent this week to ...

By Staff reporter | Published: 31 May 2018

BUSINESS NEWS

Zimbabweans told to brace for fuel price hikes

RESERVE Bank of Zimbabwe governor, John Mangudya has warned that foreign currency shortages coupled with the country's shrinking export bill and galloping fuel prices on the global market will continu...

By Staff reporter | Published: 29 May 2018

LANDS & AGRICULTURE

Farm workers demand 100% salary hike

THE Progressive Agriculture and Allied Industries Workers' Union of Zimbabwe (Paawuz) has asked the government to increase the minimum wage for farm workers by at least 100% to $150 per month, saying ...

By Staff reporter | Published: 17 May 2018

BUSINESS NEWS

Teachers reject paltry 10% pay hike

TEACHERS yesterday reportedly rejected a paltry 10% salary hike offered by President Emmerson Mnangagwa's government, but agreed to continue with the negotiations aimed at averting a potentially cripp...

By Staff reporter | Published: 08 May 2018

BUSINESS NEWS

Teachers dismiss salary hike reports

TEACHERS have dismissed reports that the government haS awarded them a salary hike, and vowed to go ahead with their planned strike action when schools open for the second term tomorrow.In a statement...

By Staff reporter | Published: 07 May 2018

BUSINESS NEWS

Civil servants to get salary hike

CIVIL servants will have their salaries and working conditions improved,while their salaries and bonuses will be paid in full and consistently, among a cocktail of measures to be put in place to ensur...

By Staff reporter | Published: 06 May 2018

BUSINESS NEWS

400% accommodation hike during ZITF

MOST hoteliers in and around Bulawayo hiked their accommodation charges by as high as 400 percent taking advantage of desperate accommodation seekers that had thronged the city for the Zimbabwe Intern...

By Staff reporter | Published: 03 May 2018

BUSINESS NEWS

Teachers demand 100% salary hike

TEACHERS have threatened a crippling industrial action when schools open for the second term to force the government to increase their salaries by 100% and housing and transport allowances by 50%.The...

By Staff reporter | Published: 21 March 2018

INDUSTRIALS & ENERGY

Bata calls on RBZ to hike incentive

ZIMBABWE's largest shoe manufacturer, Bata Shoe Company, has called on the Reserve Bank of Zimbabwe (RBZ) to increase the export incentive to 15 percent to boost exports by local companies.The Central...

By Staff reporter | Published: 13 February 2018

BUSINESS NEWS

Chiwenga to deal with price hikers

The Zanu-PF Politburo yesterday set up an ad-hoc committee to deal with wanton price increases for basic commodities in the past three months, with President Mnangagwa warning unscrupulous businesspeo...

By Staff reporter | Published: 11 January 2018

BUSINESS NEWS

Price hikes dampen festive mood

CONSUMERS have expressed dismay over the continuous increase in the prices of basic commodities, which they say could dampen the festive mood.A snap survey conducted by Business Chronicle yesterday re...

By Staff reporter | Published: 15 December 2017

INDUSTRIALS & ENERGY

Debt-ridden Zesa seeks tariff hike

THE debt-ridden Zimbabwe Electricity Supply Authority (Zesa) has written to government lobbying for a tariff hike with effect from next month amid reports the national power utility is technically ins...

By Staff reporter | Published: 15 December 2017

BUSINESS NEWS

Pharmacies in 70% price hike

PHARMACIES in Zimbabwe have hiked drug prices by up to 70 percent over the past three weeks and some are demanding payment in United States dollars only, it has emerged.In a statement, the Association...

By Staff reporter | Published: 20 October 2017

BUSINESS NEWS

Causes of price hikes under probe

GOVERNMENT yesterday engaged captains of industry and Reserve Bank of Zimbabwe (RBZ) officials with a view to locating and solving challenges that triggered recent price increases and hoarding of prod...

By Staff reporter | Published: 27 September 2017

BUSINESS NEWS

Forex shortages spur price hikes in Zimbabwe

CHALLENGES faced by retailers in securing foreign currency to import products, especially commodities local industry is not able to produce, have resulted in sporadic price increases that have put pre...

By Staff reporter | Published: 07 September 2017

BUSINESS NEWS

'No power tariff hike yet'

Electricity tariff hikes will only be effected once the review of Zimbabwe Electricity Transmission and Distribution Company (ZETDC)'s supply capacity is completed, the energy industry regulator said....

By Staff reporter | Published: 15 August 2017

INDUSTRIALS & ENERGY

Electricity tariff hike inevitable

Zimbabwe Energy and Power Development Minister Samuel Undenge says a power price increase in the country is unavoidable as the current subsidized tariff is unsustainable. Zera turned down an electrici...

By Staff reporter | Published: 11 August 2017

EUROPE

Europe's first rate hike may be coming this week

The Czech Republic may kick off Europe's monetary-tightening cycle this week, jumping ahead of its peers after three years of radical stimulus fueled price growth that's sputtered on the rest of the c...

By Bloomberg | Published: 31 July 2017
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