President Emmerson Mnangagwa has broken ground on a proposed new thermal power station in Hwange, pledging to allow “competitive tariffs” to attract investors wary about Zimbabwe’s currency risk.
Titan New Energy of China plans...
John Moxon was in a hospital bed when Meikles directors met to sell off a key asset and fire the CEO – and he claims someone lied that his phone had been “compromised” to keep him in...
By Ranga Mberi
Finance Minister Mthuli Ncube is due to present his 2025 budget statement, and business groups are lobbying for measures to support their industries.
Zimbabwe’s mining sector, the...
The 5MW Great Zimbabwe Hydropower Project has been commissioned, providing a win for local investors struggling to raise funding to get independent power projects off the ground.
The mini-hydro project, at the Mutirikwi dam...
Firmer gold prices helped Caledonia lift third-quarter earnings by 37%, offsetting rising costs and lower production from Blanket Mine over the period.
Gross profit in the three months to September came in at US$19.3...
Despite the impact of low platinum prices, Zimplats has pressed ahead with some key expansion projects, completing a new mine upgrade while commissioning a new solar plant and processing facility.
The 34MW solar plant...
TSL Limited has agreed to pay US$25 million to buy a 51.43% stake in Nampak Zimbabwe, gaining control of the country’s biggest packaging manufacturer.
Nampak makes packaging such as PET bottles, crates, bottle tops,...
Renewable energy provider Grid Africa has signed an agreement with Huawei towards installing 72MW of solar energy for Zimbabwean mining companies.
A recent report by the Chamber of Mines says power cuts and high...
Every year, the Chamber of Mines asks mining executives about the trends in their industry and how confident they are about the coming year. The survey also takes their recommendations on how to grow the industry.
By Godfrey Marawanyika
Chinese miners Zhejiang Huayou Cobalt and Tsingshan Holding Group are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.
The...
