LATEST ARTICLES

No extra power until you pay US$80m arrears, neighbours tell Zimbabwe

Zimbabwe needs to raise US$80 million to clear arrears with its regional electricity suppliers before it can ramp up imports to ease a critical power shortage. 
Zimbabwe power crisis

Power struggle: How corruption and poor planning left Zimbabwe in the dark

Zimbabwe’s power utility says the rolling power cuts the country is facing have been caused by low water levels at Kariba. This is true, but it is...

“We want to become bigger” | Landela boss speaks on company’s mine acquisition spree

Zimbabwe’s biggest gold mines are being snapped up by Mauritius-based Sotic International Ltd. as the price of bullion soars to the highest in more than eight years. Sotic International says...

Musina businesses: ‘Without Zimbabwean customers, we are as good as dead’

The economic sustainability of South Africa’s cross-border feeder towns to neighbouring Zimbabwe has taken a massive beating during the Covid-19 coronavirus lockdown. In Musina, which is located about 15km from...
Blanket Mine Caledonia Zimbabwe

Caledonia: Q2 gold output up 6.2%, half year production 12.5% better than last year

Caledonia Mining says second-quarter gold production from its Blanket Mine was 6.2% up on the same period last year, while half-year output was 12.5% better than this time last...

PPC takes concrete step towards 32MW solar plant, signs up contractor

Cement maker Pretoria Portland Cement (PPC) Zimbabwe says it has secured a partner to build and operate a 32MW solar park to power up two of its plants. The photovoltaic...

Renaissance Capital appointed advisor on possible Arcadia lithium mine sale

Prospect Resources has appointed leading investment bank Renaissance Capital as its advisor on the possible sale of its interests in the Arcadia lithium mine to Russian energy firm Uranium...

Govt spends Z$480m on ZUPCO, roller meal subsidies, balances budget

The government spent Z$480 million on the Zupco and roller meal subsidies in the first four months of 2020, but still managed to balance its budget over the period,...