Posted on 30 April 2010. Tags: bp profits
The price of petrol keeps on rising and now it’s an average of £1.22 a litre, the capitalists who dominate the oil industry keeps racking in billions whilst the government watches and doing nothing.
BP recently announced astonishing profits of £40 million a day!
The government will not do anything because they also get massive amounts tax from these high fuel prices, but when are they going to think about the ordinary driver?
Another issue that was in the news in that last few weeks is the volcanic ash, the one which grounded airlines in Europe.
Now the government wants the tax payer to pay the airlines for loss of revenue? Why should we pay these capitalists? Are we responsible for the volcanic ash? When these airlines make profits, do they share the profits with us?
Posted in Money Matters
Posted on 03 October 2009.
Looking for Cheap phone calls to Zimbabwe? Did you know that Comfi have cheaper call rates on PC-to-Phone calls to Zimbabwe? I have been using Skype’s free PC-to-PC calls but unfortunately not everyone in Zimbabwe is on Skype. This means we can’t really enjoy the full benefits of free Skype to Skype calls and we still have to pay for calls to our loved ones back home.
Because I’m always looking for ways that help me save money, I had to find a cheaper way to phone relatives in Zimbabwe. That is when I came across Comfi phone services.

After trying Comfi’s PC-to-Phone service, I’m pretty impressed and would recommend it to all you Zimbabweans who want to save money on your calls to your loved ones.
Besides it’s top of the range Free PC-to-PC calls, Skype is expensive on PC-to-Phone calls to Zimbabwe.
Price Comparison:
Skype to Land Line – US$0.102 per minute
Skype to Mobile Phones – US$0.376 per minute
Compared to Comfi’s PC-to-Phone Rates
Calls to Land lines – US$0.066
Calls to Mobile Phones – US$0.31
Voip PC-to-Phone Charges
US$0.079 per minute on calls to land lines
US$0.266 per minute on calls to mobile phones
If you regularly phone your relatives in Zimbabwe (it’s a good thing to keep in touch) I would recommend you try Comfi phone service. If you prefer not to use the PC-to-Phone service, I would suggest you also try Comfi top-up phone cards. They have very good rates that can save you money on your calls.
Click Here For Comfi Phone Services
Posted in Money Matters
Posted on 17 August 2009.
It looks like our country’s economy is gradually recovering from the economic collapse of the previous years. Cheques have returned to the country’s banking system.
The Bankers’ Association of Zimbabwe said in a statement that local commercial banks would start with immediate effect to issue their customers with chequebooks, for the first time in a year.
The Bankers’ Association said chequebooks will be denominated in US dollars and personal account holders will only be able to issue cheques up to a maximum of only 200 US dollars, and companies can write up to 500 US dollars.
Posted in Money Matters, Zimbabwe News
Posted on 04 August 2009.
Investors on the Zimbabwe Stock Exchange(ZSE) have taken a wait and see attitude as the market awaits half-year results for companies with December year-end. The Herald reports that returns are likely to be depressed and below expectations due to lack of working capital.
A report by Kingdom Financial Holdings Limited Stockbrokers noted that stocks are likely to remain the best investment option given the lower returns on property and cash investments.
“The scrapping of statutory requirements should see more funds from pension funds and insurance companies being channelled to the equities market since it has been giving good returns so far,” Kingdom said.
The Zimbabwe Stock Exchange has seen low volumes and values of trade due to low liquidity in the market. Meanwhile the demutualisation of the Zimbabwe Stock Exchange is expected to unlock value in the local stock market. The demutualisation process if successful, would enable the ZSE to raise funding for it’s activities from the new shareholders.
Posted in Money Matters, Zimbabwe News
Posted on 14 July 2009.
I thought this might be useful to some of you guys. The Schwab and Westheimer Trusts provide educational funding in the form of grants to young asylum seekers and refugees where alternative sources of funding are inadequate.
Awards do not normally exceed £2000. These awards are discretionary and the amount of funding given to an application will depend upon the assistance required. Previous funding has included assistance towards course fees, English tuition, computers, childcare, and transport.
The trusts also support the educational development of young asylum seekers and refugees by holding award events to recognise achievement and encourage effort.
I came across it a bit late, the deadline to submit applications is 15 July which gives you only two days if you intend to apply. Pass it on if you know anyone who can benefit from this help.
Find out more here: http://schwabwestheimertrust.org.uk/index.php?option=com_content&task=view&id=14&Itemid=28
Posted in In the townships, Money Matters
Posted on 20 June 2009.
Zimbabwe – Gold production at Turk Mine north west of Bulawayo increased by more than 10 percent in May compared to previous months. The mine re-opened early this year and the introduction of new measures by the government to revive the mining sector.
The mine is owned by Japanese based New Dawn Mining Group. The group chief executive Ian Saunders said production at the mine increased by to 916 ounces in May compared to 832 ounces produced in April. The gold produced during this period amounted to US$780 000.
Posted in Money Matters, Zimbabwe News
Posted on 17 June 2009.
In it’s plans to extend internet access across the country, the UK government is going to charge a £6 a year ‘broadband tax’ on every household and businesses. The cost of TV licence will also go up, welcome to Digital Britain a nation of over taxed citizens.
‘The cable revolution happened without a cable tax, the satelite revolution also happened without a satelite tax’ Jeremy Hunt from the Tories said. But these plans come from politicians who claim every peny they spend from us the tax payers. We pay our hard earned cash for MPs to watch adult Dvds and drink expensive wines and all they think of is more tax!! Why should we pay for this broadband tax??
Posted in Computer Software, Money Matters, Technology
Posted on 16 June 2009.
The Germany government has pledged 25 million euros in aid to Zimbabwe. German chancellor Angela Merkel said German could provide more support if Zimbabwe undertakes more democratic reforms.
Zimbabwe Prime Minister Morgan Tsvangirai has been touring Europe and the US looking for donor aid. But as more and more aid keeps coming to Zimbabwe, it’s up to us Zimbabweans to make sure we use it wisely. Make sure we work hard to rebuild the country. There should be a zero tolerance policy to corruption, and only competent people should be in government.
Posted in Money Matters, World News, Zimbabwe Information, Zimbabwe News
Posted on 15 June 2009.
Zimbabwe owes $57 million in unpaid electricity charges. Zimbabwe Electricity Supply Authority (Zesa) owes Mozambique’s Hydroelectrica Cahora Bassa $40.3 million.
The DRC’s SNEL is owed $9.8 million, Zambia’s ZESCO $1.7 million, while another Mozambique company EDM is owed $5.1 million. It has also been reported that Zimbabwe could soon be switched off if it fails to pay for power imports.
Posted in Money Matters, Zimbabwe News