These huge amounts of forex going towards the importation of crude oil shows the need to support sunflower production among the crops supported by the government as cooking oil companies were accessing US$74.8 million.
THE Government is committed to providing basic amenities such as roads, water and clinics to new settlements as part of implementing development that leaves no one and no place behind, President Mnangagwa has said.
He says Hwange National Park has a carrying capacity of 15 000 elephants, but because of the country’s good conservation practices, the authority estimates that there are now more than 45 000 jumbos in the park.
Government data from 2017 showed 80% of homes in rural areas were either wholly or partially made of traditional materials like farm bricks.
In contrast, 98% of urban houses were built using modern materials and techniques.
Air Zimbabwe has announced that passengers should expect an anticipated flight schedule disruption due to Jet A1 fuel shortages at airports.
The foreign exchange weighted average rate has fallen to US$1: ZWL$173.2685 from US$1: ZWL$165.9942 which was reported by the Reserve Bank of Zimbabwe (RBZ) on 3 May.
In the last two decades, Zimbabweans have suffered world-beating inflation levels; chronic unemployment; back-to-back droughts; periodic cholera outbreaks; the unravelling of a once-admired education system; and, depressingly, rigged elections after rigged elections.
According to international research firm Stastica, Zimbabwe has the second highest inflation in Africa after conflict-ridden Sudan. Official statistics show Zimbabwe’s year-onyear inflation for April stood at 96.4%, up from 72.7% in March mainly driven by price increases in fuel, electricity and gas.
A section of the processing plant at RioZim’s Murowa diamond Mine. RioZim says diamond output at the mine fell by 28 percent
The government’s stance on the Zimbabwe Passenger Company (Zupco) monopoly in the face of failure by the state-owned company to provide adequate transport for urban dwellers raises real questions about the government’s irrational ban on private operators.
A COMBINATION of corrupt deals, a dysfunctional contract system and poor management at the Zimbabwe United Passenger Company (Zupco) lies at the heart of the current public transport crisis which leaves thousands of commuters stranded in cities daily.
In 2020, leaked government documents revealed Landela Investments imported buses initially said to belong to Zupco before being sold to the state enterprise at exorbitant prices. According to government correspondence leaked then, Landela Investments sold 162 buses to government at a profit of US$154 000 per bus each with a carrying capacity of 64 passengers.