BUSINESS NEWS

Saboteurs behind price increases

PRICE increases that were reported in the country last week were being fuelled by political and economic speculators who were aiming at scuttling the acceptance of President Mnangagwa's new Cabinet, a...

By Staff reporter | Published: 09 September 2018

CONSTRUCTION & PROPERTY

Brick prices soar 12%

Zimbabwe's leading brick making companies have raised prices by almost 12 percent on strong demand largely driven by increased construction activity in the economy. A survey shows that Willdale and Be...

By Staff reporter | Published: 25 July 2018

INDUSTRIALS & ENERGY

Pressure on petrol prices

Petrol prices are marginally increasing at some pump stations after holding steady for the better part of the month.Observers fear the increases, blamed on bottlenecks in the supply chain, could have ...

By Staff reporter | Published: 24 July 2018

INDUSTRIALS & ENERGY

Sugar prices up 18%

THE price of sugar has increased by about 18% to $2,25 per 2 kg pack over the past few days due to rising costs of production as well as cost of money, NewsDay has reported.Confederation of Zimbabwe R...

By Staff reporter | Published: 13 July 2018

TRANSPORT & TOURISM

'Tourism prices must come down'

TOURISM and Hospitality Industry Minister, Prisca Mupfumira, says the pricing of tourism products in Zimbabwe needs to be reviewed downwards to enhance competitiveness and increase volumes.Cutting tou...

By Staff reporter | Published: 04 July 2018

BUSINESS NEWS

Prices of basic goods shoot up

Prices of basic consumer goods have gone up sharply over the past few weeks, on the back of worsening foreign currency shortages in the country.At the same time, experts warn that the price increases ...

By Staff reporter | Published: 01 July 2018

LANDS & AGRICULTURE

Egg prices up 57%

WHOLESALE prices of table eggs have increased by 57% over the past few years to $4,50 per tray in the first quarter of 2018, an official has said.In an industry update for the first quarter of 2018, Z...

By Staff reporter | Published: 23 June 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

Transport costs drive fuel prices outside Harare

Fuel dealers outside Harare that are selling the commodity at above government-stipulated prices say they are doing so to cover transportation costs for the fuel to towns outside the capital.A survey...

By Staff reporter | Published: 04 June 2018

BUSINESS NEWS

Govt assures public on fuel prices

The Ministry of Energy and Power Development yesterday assured members of the public that Zimbabwe Energy Regulatory Authority (Zera) will monitor the market and ensure compliance to regulated prices ...

By Staff reporter | Published: 30 May 2018

BUSINESS NEWS

Drug prices skyrocket

PRICES of vital drugs in Zimbabwe have gone up by about 15 percent over the last few months, health care industry players have disclosed.The surge has significantly affected patients and insurance com...

By Staff reporter | Published: 24 May 2018

BUSINESS NEWS

Zim braces for price increases, shortages

As the country hurtles towards the watershed national elections, struggling companies are warning of steep price increases and debilitating shortages of basic goods due to Zimbabwe's worsening foreign...

By Staff reporter | Published: 14 May 2018

BUSINESS NEWS

Fuel prices skyrocket

THE Zimbabwe Energy Regulatory Authority (Zera) has blamed skyrocketing fuel prices on the surge in crude oil prices in recent weeks.Petrol prices have gone up from $1,33 to between $1,39 and $1,40 a ...

By Staff reporter | Published: 13 May 2018

CONSTRUCTION & PROPERTY

US$ speculation drives property prices up

United States dollar exchange rate speculation has significantly driven up property prices in Zimbabwe's capital, Harare, as buyers move to hedge against the volatile bond notes. The latest Knight Fra...

By Staff reporter | Published: 07 May 2018

BUSINESS NEWS

Industrialists advocate pegging prices in rand

INDUSTRY lobby group, the Confederation of Zimbabwe Industries (CZI), has called on businesses to peg their prices in rand and mitigate biting cash shortages as the debate around the currency rages on...

By Staff reporter | Published: 04 May 2018

MINING & RETAIL

Zimplats profits up as platinum prices firm

Zimbabwe's platinum mining sector is benefitting from a rebound in global commodity prices, with the nation's biggest producer of the metal, Zimplats, registering a 58 percent growth in profits.The in...

By Staff reporter | Published: 03 May 2018

BUSINESS NEWS

Tobacco prices firm on floors

Tobacco prices obtaining at the floors this year are better than last year with associations attributing the trend to stiff competition by buyers.Tobacco Industry and Marketing Board TIMB statistics s...

By Staff reporter | Published: 03 May 2018

BUSINESS NEWS

New dispensation stabilises prices, claims Bimha

INDUSTRY, Commerce and Enterprise Development Minister, Dr Mike Bimha, says basic commodity prices have significantly stabilised under the new political dispensation and further reductions are expecte...

By Staff reporter | Published: 24 April 2018

BUSINESS NEWS

Bread prices go up

A survey has shown that the prices went up by 10 cents.Previously, the bread price was 90 cents for a standard loaf and a dollar for the popular Bakers Inn, Lobels and Proton Super loaf, which was com...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Chicken prices fall

THE price of chicken has fallen from $4 per kilogramme to an average of $3,50 per kilogramme as poultry farmers have increased production after recovering from the effects of bird flu and drop in pric...

By Staff reporter | Published: 16 April 2018

BUSINESS NEWS

Prices of basics remain high

PRICES of basic commodities have remained high in Zimbabwe as businesses continue defying a recent directive by President Emmerson Mnangagwa to stop unnecessary price increases, a survey conducted by ...

By Staff reporter | Published: 01 April 2018

LANDS & AGRICULTURE

Crocodile skin prices buoy Padenga

Crocodile skins and meat producer, Padenga Holdings, yesterday reported a 53 percent increase in profit after tax for the year ended December 31, 2017, buoyed by firming prices.The group reported a pr...

By Staff reporter | Published: 25 March 2018

INDUSTRIALS & ENERGY

Mnangagwa tackles fuel prices, liquidity

Government is set to introduce a raft of measures to rationalise fuel prices while fighting against cash challenges through ongoing engagements with several countries, Special Advisor to the Presidenc...

By Staff reporter | Published: 15 March 2018

ZIMBABWE

ZSE prices self correct

The Zimbabwe Stock Exchange (ZSE) all share index lost 3,6 percent during the just ended month to close at 88,03 points as stock prices continue to self correct.Stock market prices rose sharply from l...

By Staff reporter | Published: 09 March 2018

INDUSTRIALS & ENERGY

Fuel prices trek upwards

FUEL prices have marginally increased in the country - by between 1c and 4c in the last two weeks - despite a recent drop in prices of up to 15 percent on the international market.Oil prices shot to $...

By staff reporter | Published: 19 February 2018
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