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Eskom System Failure Worsens Zim Power Situation
The already depressed power situation in the country has been dealt another major blow following South African power utility company, Eskom's announcement of a system failure at its plant.
Zimbabwe is currently relying on a lifeline from…
Herculean Task Await US$ 12 Billion Mining Road Map Implementation
President Emmerson Mnangagwa yesterday launched the mining sector road map aimed at earning US$ 12 billion annually by year 2023 amid funfair and pleasantries at a local hotel with captains from the extractive industry.
Now the honey…
US 12 Billion Mining Strategy Launched
President Emmerson Mnangagwa today launched the four year mineral strategy meant to guide operations in reaching a US$12 billion sector target by year 2023.
Currently, Zimbabwe is realizing an average of US$ 3.2 billion annually from the…
Minister Hails EcoFarmer Vaya Tractor Platform As Gvt Turns To Technology To Help Boost Yields
The private sector should harness technology and use its expertise to complement government programmes in agriculture, boost yields and ensure Zimbabwe gets the best out of all its resources and assets, Minister of Lands, Agriculture and…
Inflation To Fall In 2021-24: Economist Intelligence Unit
A global-based company, Economic Intelligence Unit (EIU) says restored confidence in Zimbabwe Dollar and the Emmerson Mnangagwa led administration between 2021-24 will be key to the alleviation of spiraling country's inflation.
This is…
Zim Innovator Makes Grand Entry Into Africa’s Automobile Industry
African automobile start-up, Mureza Auto Company will officially launch its debut offering, the Primate (Mureza Prim8) in South Africa next month before launching it in Zimbabwe in the first quarter of 2020, 263Chat Business has…
ED To Headline US$ 12 Billion Mineral Promise
President Emmerson Mnangagwa will next week Monday lay bare the four year mining sector strategy that is billed to yield the country US$ 12 billion in mineral receipts annually by year 2023.
Mnangagwa currently away in France, will give…
DPA Powers Liquid Telecom Data Centre In South Africa
Distributed Power Africa (DPA) this week unveiled a 1.2MW solar installation at Liquid Telecom’s Campus in Midrand, South Africa – one of the renewable energy company’s largest projects to date in South Africa.
The company, which…
Blanket Mine Commissions New Oxygen Plant In Bid To Improve Metallurgical Recovery
Caledonia Mining Corporation Plc has successfully installed and commissioned a new oxygen plant at the Blanket Mine which is expected to improve metallurgical recovery and reduce cyanide consumption at Blanket.
Based on test work…
Hwange Colliery Regains Profitability, Not Out Of The Woods Yet
Coal producer, Hwange Colliery Company Limited (HCCL) leapfrogged to viability in its Half Year financial performance ending 30 June 2019, posting a ZWL$ 3.5 million profit rebound from its previous loss position of ZWL$ 23 million same…