Four Zimbabwean entities have signed over US$188 million worth of agreements with the African Export-Import Bank, with most of the new funding going into energy, the bank said Friday. Afreximbank said it had signed...
Energy explorer Invictus Energy says it has completed its seismic survey at the Cabora Bassa project in Muzarabani. Now the next step is crunching the data to find the best spots to drill exploration wells.
Contango, the UK listed resources company, says it plans to start coking production in Zimbabwe in the next quarter after better-than-expected results from a set of sample analyses conducted by Bureau Veritas in South Africa.
Zimbabwe’s biggest independent power producer, Nyangani Renewable Energy, lost an international arbitration involving a currency dispute with the state-owned power distribution firm, an official said. Nyangani took Zimbabwe Electricity Transmission and Distribution Company (ZETDC)...
A new cooling tower, cranes swinging above builders, and two giant boiler drums hoisted high above the construction site. These are parts of one of the crown jewels of Zimbabwe’s infrastructure projects, Hwange power station's US$1.48 billion...
Zimasco, one of the country's biggest chrome smelters, plans to more than double annual smelting capacity to 400,000 tonnes over the next three years. The Sinosteel unit plans to ramp up output of...
Zimbabwe is joining a push by Russia’s Rosatom to promote the peaceful use of nuclear energy across Africa, with an MoU being signed in Europe on Monday. Energy Minister Zhemu Soda and Rosatom Director...
Zimbabwe’s power utility has announced a drastic loadshedding schedule, due to breakdowns and refurbishments at its two main power plants.  Dam wall rehabilitation at Kariba will lead to 12-hour power generation cuts, at a...
Zimbabwe's government has increased the strategic reserve levy by as much as 323%, a move which will push the country's fuel price, already the highest in the region, higher. A notice by Finance and...
The Infrastructure Development Bank of Zimbabwe (IDBZ) says it is shelving two solar power projects of a combined 45MW because of ZESA’s poor transmission infrastructure. IDBZ will no longer pursue the 15MW Tjibundule solar...
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