Articles tagged 'zera'

3 IPPs seek power generation licences 30 January 2019 HARARE - Three independent power producers (IPPs) have approached the Zimbabwe Energy Regulatory Authority (Zera) seeking licences to venture into electricity generation. Zera said it had received applications from Monopower Solar Private Limited; Zororo Energy Company and Guruve Solar Park Pr...
Fuel price goes down 9 January 2019 HARARE - Fuel prices have slightly gone down despite persistent shortages being experienced throughout the country. Diesel was previously $1,34 per litre and is now at $1,25 while petrol which was $1,38 now costs $1,32 per litre. The free on board (FOB) charge for diesel is 0,5434 per litre wh...
Zera reads riot act to service stations 19 October 2018 HARARE - Zimbabwe Energy Regulatory Authority (Zera) has warned service stations against hiking fuel prices or withholding its sale for speculative reasons and threatened to cancel licences of service stations engaged in the rent-seeking behaviour. This comes amid imbalanced supply of fuel whi...
Fuel prices increase 26 September 2018 HARARE - The price of fuel has increased marginally as the local market reacts to global developments. A survey by the Daily News showed that service stations in Harare have adjusted their prices by at least two cents per litre, which is quite something in a United States dollar economy. Pe...
Four private firms seek Zera licensing 19 September 2018 HARARE - Four privately-owned entities have approached the Zimbabwe Energy Regulation Authority (Zera) seeking electricity generation licences. When licensed, the entities will construct, own, operate and maintain the proposed solar systems. In a notice issued in the press yesterday, the re...
Govt speaks on fuel situation 16 September 2018 HARARE - Erratic fuel supplies being experienced throughout the country have now been addressed, the Zimbabwe Energy Regulatory Authority (Zera) told the Daily News on Sunday yesterday. Zera chief executive officer Gloria Magombo said supplies to pump stations, which have been struggling to se...
Zera engages RBZ to end fuel crisis 25 May 2018 HARARE - In the wake of the increased demand for fuel, industry actors are engaging the Reserve Bank of Zimbabwe (RBZ) to review the amount of foreign currency allocated to the petroleum sector. This was revealed by the chief executive officer of the Zimbabwe Energy Regulatory Authority (Zera)...
Fuel shortages persist 24 May 2018 HARARE - Service stations in most parts of the country are still struggling to secure adequate fuel to meet demand, resulting in long-winding queues at pump stations with the product in stock. A survey by the Daily News has shown that a number of service stations around Harare and elsewhere ha...
Govt explains fuel shortages 17 May 2018 HARARE - The shortage of fuel in Harare and other parts of the country has been caused by high demand of the commodity, which is putting pressure on prices, the Zimbabwe Energy Regulatory Authority (Zera) has said. Zera chief executive officer (CEO), Gloria Magombo, told the Daily News yesterd...
Private firms import electricity meters 25 April 2018 HARARE - The first batch of prepaid electricity meters imported by private firms that were recently licensed to sell the gadgets to consumers has arrived in the country, a senior government official has said. This was after the Zimbabwe Energy Regulatory Authority (Zera) in February licensed 1...
300m solar plant for Vic Falls 21 April 2018 HARARE - Southpole Consulting Private Limited (Southpole) has secured $300 million to construct a 125 megawatt (MW) solar power plant in Victoria Falls. SouthPole, which has made an application to the Zimbabwe Energy Regulatory Authority (Zera) said the project has primarily been conceived for...
Zera splurges $13m on new headquarters 10 April 2018 HARARE - The Zimbabwe Energy Regulatory Authority (Zera) said it will spend $13 million towards the construction of a new headquarters in Mt Pleasant. The new state-of-the-art two storey facility, which will resemble a hydropower station, was designed by Studio Arts, and is set to be construct...
Govt gazettes D50 price 6 March 2018 HARARE - Zimbabwe has gazetted the retail price for Diesel 50 (D50) at $1,22 per litre as the country moves to phase out on high sulphur diesel - Diesel 500 (D500) by May 2018. Diesel 50 is a low sulphur diesel that contains 50 parts per million (ppm) sulphur, which is lower than the regular d...
Econet ventures into solar energy 9 January 2018 HARARE - Econet Wireless Zimbabwe (Econet) is set to become one of the first companies in Zimbabwe to set up a photovoltaic power plant at its premises in Willowvale for own consumption. This comes as the country has been experiencing power outages in the past decade due to low electricity pro...
Zera bans importation of fuel by public 8 December 2017 HARARE - The Zimbabwe Energy Regulatory Authority (Zera) has banned the importation of fuel by members of the public. In a notice issued yesterday, Zera said the Statutory Instrument which allowed the public to procure fuel has been repealed. The move seems aimed at curbing an illegal but t...
'No power tariff hike yet' 12 August 2017 HARARE - 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. Zimbabwe Energy Regulatory Authority (Zera) chief executive Gloria Magombo said powe...
Zera dims light on incandescent bulbs 15 February 2017 HARARE - Zimbabwe has banned the manufacture and importation of incandescent light bulbs in an effort to save electricity and reduce power outages. The country needs about 2 200MW of power, but is only able to generate about half of its power requirements from domestic sources. According St...
Zim pushes for adoption of Diesel 50 15 December 2016 HARARE - Zimbabwe has intensified its fuel cleaning campaign, with the country set to migrate to the usage of Diesel 50 by June next year, Energy ministry permanent secretary, Partson Mbiriri said. Diesel 50 is a low sulphur diesel that contains 50 parts per million (ppm) sulphur, which is low...
Fuel marking to begin 2017 19 November 2016 HARARE - Zimbabwe's fuel marking programme aimed at stamping out “dirty” petroleum products that have flooded the local market damaging cars and prejudicing the government potential revenue is set to commence beginning of next year, a government official said. Zimbabwe Energy Regulatory Author...
Fuel taxes too high: Zera 15 November 2016 HARARE - The Zimbabwe Energy Regulatory Authority (Zera) yesterday said the country's fuel taxes and levies were too high making local petroleum prices unresponsive to international oil price fluctuations. Zera chief executive Gloria Magombo told Parliament that local fuel dealers have to hono...
Fuel dealers slash prices 14 January 2015 HARARE - Local fuel dealers started slashing fuel prices yesterday to meet government's recommended fuel prices of $1,32 for petrol and $1,20 for diesel per litre, as the global oil price further slumped this week to $46 per barrel. A snap survey conducted by the Daily News showed most dealers...
Govt moves to slash fuel prices 11 January 2015 HARARE - Facing mounting criticism over its inept handling of the country's comatose economy, the government has given local fuel dealers an ultimatum to slash fuel prices by Wednesday next week (January 14). Recently-appointed Energy minister, Samuel Undenge, told a news conference in Harare ...
Outrage over fuel prices 9 January 2015 HARARE - There is outrage over Zimbabwe's refusal to slash fuel prices after a 50 percent price markdown in global oil prices. The price of Brent crude oil fell below $50 a barrel for the first time on Wednesday since May 2009, from $110 in June last year, resulting in most regional countries ...
Energy regulator threatens to withdraw fuel licences 4 January 2015 HARARE - Zimbabwe Energy Regulatory Authority (Zera) has threatened to withdraw operating licences and prosecute errant fuel providers violating stipulated blending rules this year. Gloria Magombo, Zera’s chief executive said while the number of licensed players significantly improved last yea...
Zera speaks on varying fuel prices 31 December 2014 HARARE - Zimbabwe's fuel dealers are retailing petrol and diesel at different prices due to the absence of the National Oil Company of Zimbabwe (Noczim), which negotiated the commodities’ procurement rates on behalf of traders. Gloria Magombo, Zimbabwe Energy Regulatory Authority (Zera) chief ...