ZERA Warns Unlicensed Fuel Dealers

The Zimbabwe Energy Regulatory Authority (ZERA) has warned illegal fuel dealers that they risk prosecution. This comes as some unlicensed fuel dealers are advertising fuel on social media platforms promising to provide the product at low prices. In a statement, ZERA said it is a serious offence for any unlicensed company to buy or sellContinue reading “ZERA Warns Unlicensed Fuel Dealers”

Official exchange rate jumps to US$1: ZWL$3 675

THE official exchange rate jumped to ZWL$3 673 yesterday against the United States dollar, shedding 42,6 percent points when compared to the last week’s rate of US$1: ZWL$2 577.Economists have for a long time recommended that the Government liberalises the exchange rate to curb speculative behaviour on the parallel market, which has tended to causeContinue reading “Official exchange rate jumps to US$1: ZWL$3 675”

Old Mutual launches O’mari a mobile wallet and platform

Recently, Old Mutual Zimbabwe launched a fintech business, Old Mutual Digital Services. On the evening of 23 May 2023, this new business launched its flagship product and brand, O’mari (pronounced oow mari as in “o mari iyi sha – receive this money, my guy“). What is O’mari? O’mari is a mobile wallet, yes mobile as inContinue reading “Old Mutual launches O’mari a mobile wallet and platform”

Dangote launches Africa’s biggest oil refinery

23 May, 2023 AFRICA’S biggest oil refinery has been opened in Nigeria, where it is hoped it will alleviate chronic fuel shortages.Nigeria is a major oil producer but most of this is sent abroad while it has to import the refined fuel used in vehicles and elsewhere. As a result, the country often faces chronicContinue reading “Dangote launches Africa’s biggest oil refinery”

Kingdom hotel set to re-open

Story by Tichaona Kurewa PRIME resort facility, Kingdom Hotel which closed its doors early this year, is set for re-opening soon according to the latest statement by its new owners, First Capital Bank. The re-opening of the 294-roomed facility will be a massive boost to the country’s Tourism Recovery Plan and Growth Strategy. The hotelContinue reading “Kingdom hotel set to re-open”

Design a site like this with WordPress.com
Get started