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...
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...
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...
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...
Zimbabwe is inviting bids for the installation of 500MW of solar power plants, hoping a shift to renewable energy will help ease crippling power cuts. The country has faced power cuts of up to...
As power supply becomes more erratic, Zimbabwe's miners, among the country's largest consumers of electricity, are deepening their investments in solar energy. Caledonia Mining is inviting bidders to build a 20MW solar farm...
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...
Zimbabwean private equity fund Mangwana Opportunities, backed by businessmen Joe Mutizwa and Ted Galante, has taken up shares in Invictus Energy in a placement worth US$287,000. Funds raised from the transaction will be used...
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...
Karo Mining, which is developing a platinum project at Mhondoro-Ngezi, says drilling contractors have moved in and started an exploration programme to define the platinum resource at its 23 903 hectare mining site.
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