Zimbabwe has budgeted to spend the equivalent of US$8 million per month to sustain its new plan to halve fuel duties and bus fares, according to Finance Permanent Secretary George Guvamatanga. Fuel prices...
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.  Currently, the country can only import up to...
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 only part of the story. The bigger story is how...
When the fuel crisis escalated last January, President Emmerson Mnangagwa was forced to announce a 150% price increase. Amid the outrage and riots which followed, one important detail went largely unnoticed: about 70% of...
Sable Chemicals and Invictus Energy have signed a Memorandum of Understanding (MoU) that could see the supply of natural gas to Zimbabwe's sole ammonium nitrate producer, should a commercial gas discovery be confirmed at Invictus’ Cabora Bassa...
RioZim says it has has signed outline agreements with funders for the long-delayed 2800MW Sengwa Power Project, and plans to begin work on the first phase within 12 months. In its annual results...
Zambia and Zimbabwe have cut power generation at the Kariba dam by almost 600 megawatts (MW) after a drastic fall in water levels since October last year, the dam operator said on Thursday. “The lake level...
Sardonic Zimbabweans have a joke for every crisis. One of the many crisis-fueled wisecracks goes: What’s the best time to fill up your fuel tank? Answer: “When...
Vivo Energy, the London-listed oils company that holds the Shell brand in Africa, has added Zimbabwe to its list of new markets after the completion of a takeover of Engen assets across the continent. Vivo...
Power generation at Kariba has been slashed to half of capacity due to falling water levels in the dam. A spokesman for Zambian power utility Zesco, Henry Kapata, says power supply on both sides...
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