newZWire

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’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...

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...

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...

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...

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...

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...

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,...