News »
Saturday, 10 November 2012 13:20
HARARE - Mayor Muchadeyi Masunda has told residents to forget about cancellation of their bills accumulated between the hyperinflationary environment of 2008 and 2010 period, as demanded by Harare Residents Trust (HRT). HRT director Precious Shumba, leading about 200 residents, on...Read More
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Business »
Wednesday, 07 November 2012 13:09
HARARE - Zimbabwe's Finance minister Tendai Biti has said lenders, including units of Barclays and Standard Chartered banks, had a last chance to support the central bank’s Treasury bill sales or they would be compelled to buy negotiable certificates of deposit...Read More
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News » Ndakaziva Majaka, Staff Writer
Wednesday, 07 November 2012 10:45
HARARE - Harare residents yesterday demonstrated at Town House demanding cancellation of bills that accumulated during Zimbabwe’s hype-inflationary days. Precious Shumba, the coordinator of vocal residents’ body, Harare Residents Trust (HRT), said residents wanted accountability from city fathers before being asked...Read More
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Business »
Tuesday, 06 November 2012 13:46
HARARE - The African Development Bank (AfDB) says the country risks engaging in excessive borrowing and the possibility of rollovers in the event that it fails to redeem its Treasury Bills (TBs). The TB market, which last operated in 2008 was...Read More
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Business »
Wednesday, 24 October 2012 12:51
HARARE - Power utility, Zesa Holdings has cleared its $76 million debt owed to Hydro Cahora Bassa (HCB) paving way for improved electricity supply in the country. Since early this year, Zimbabwe has been struggling to service the Mozambique debt due...Read More
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News »
Thursday, 13 September 2012 12:51
HARARE - President Robert Mugabe is yet to gazette a controversial bill giving legal effect to the Zimbabwe Human Rights Commission (ZHRC). ZHRC is the first body tasked with investigating rights abuses and the Electoral Amendment Bill. Both bills were steered...Read More
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Opinion & Analysis »
Tuesday, 11 September 2012 14:09
HARARE - Fleecing by Zesa to continueThe re-introduction of pre-paid meters by Zesa Holdings (Zesa) has been touted in reports in the state media as a panacea to the persistent problems that consumers have expressed disgruntlement about for ages. An...Read More
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Business » Taurai Mangudhla, Business Writer
Wednesday, 05 September 2012 14:14
HARARE - Local companies which constitute half of Zesa Holdings (Zesa)’s $600 million debtors’ book are struggling to pay their power bills, group chief executive Josh Chifamba said. He said the corporate world, which is struggling to secure capital and still...Read More
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News »
Sunday, 02 September 2012 10:08
HARARE - Harare Residents’ Trust (HRT) in the public interest and in the fulfilment of its vision of a free and prosperous citizenry continued to receive reports from residents owing to the continued use of estimated billing instead of actual meter...Read More
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