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...
Caledonia gold

Blanket Mine hits record gold output in 2020

Caledonia Mining says its Blanket Mine produced a record 57,899 ounces of gold in 2020, at the top end of the company’s projections for the year.  

For sale: NSSA selling stakes in Turnall, FML and NBS in ‘refocus’ strategy

The National Social Security Authority (NSSA) is selling stock in Turnall, First Mutual and its mortgage lender National Building Society (NBS), as part of what the fund...

Zimbabwe can access 3 million COVID-19 vaccine doses under AU-Afrex facility

Three million COVID-19 vaccine doses have been made available to Zimbabwe under an African Union facility backed by Afreximbank. The African Vaccine Acquisition Task...

Half tank: What caused the 50% plunge in Zimbabwe’s fuel import bill?

Zimbabwe’s fuel import bill fell by more than 50% in 2020, from US$1.2 billion the previous year. Figures recently released by the Zimbabwe National Statistics Agency (ZImstat),...

Losing shine: Zimbabwe’s gold deliveries fall to 6-year low

Gold deliveries in 2020 fell 31% to reach 19.1 tonnes, the lowest haul in six years and well below the year’s targets, official data shows.

Kuvimba: How to hide a mining giant in plain sight

A year ago, Kuvimba Mining House did not exist. Now it could be the country's biggest gold producer. How? The answer shows how transparency...