News
ZIMBABWE: Emmerson Mnangagwa requests urgent Eskom power supply for Zimbabwe
- Date: 08-07-19
- Category: ZIMBABWE
- Source: Business Live
The crisis is so bad that businesses and homes have to cope with 16-hour cuts a day
View full storyZIMBABWE: World Bank upgrades Zim status
- Date: 05-07-19
- Category: ZIMBABWE
- Source: Zimbabwe Herald
The World Bank has upgraded Zimbabwe from a “Low Income Economy” to a “Lower Middle Income Economy”, signifying a positive shift that is in tandem with President Mnangagwa’s vision of transforming Zimbabwe into an “Upper Middle Income” economy by 2030. The classification of Zimbabwe as a lower-middle income economy is for the period 2019 to 2020 and is effective from July 1 this year.
View full storyZIMBABWE: Kariba Dam left with 4 metres before switching off
- Date: 30-06-19
- Category: ZIMBABWE
- Source: Bulawayo 24
Zambian media have reported that water level in Kariba Dam is left with about 4 metres before reaching the minimum height level for hydro-power generation.
View full storyZIMBABWE: Zim pays Eskom US$10m in bid to ease power shortage
- Date: 23-06-19
- Category: ZIMBABWE
- Source: Fin 24
Zimbabwe will this week pay US$10m to South Africa's power utility Eskom as part of plans to unlock at least 400MW to ease power shortages in the country.
View full storyZIMBABWE: Zimbabwe may be plunged into total darkness
- Date: 21-06-19
- Category: ZIMBABWE
- Source: ENCA
The state-owned power utility is struggling to pay a debt of more than US$40million - over R580m to Eskom.
View full storyZIMBABWE: Foreign Direct Investment jumps to $745m
- Date: 18-06-19
- Category: ZIMBABWE
- Source: Zimbabwe Herald
Zimbabwe recorded Foreign Direct Investment (FDI) inflows of US$745 million in 2018, up from US$349 million the previous year, latest figures from the United Nations Conference on Trade and Development (UNCTAD) World Investment Report show.
View full storyZIMBABWE: AngloPlat commissions 10MW Unki smelter in Zimbabwe
- Date: 05-12-18
- Category: ZIMBABWE
- Source: IOL
HARARE – Anglo Platinum has completed construction of a smelter at its Unki mine in Zimbabwe and the mining group’s chief executive will open the beneficiation facility together with President Emerson Mnangagwa next week.
View full storyZIMBABWE: Zimbabwe sees no radical change for platinum, diamond ownership
- Date: 27-11-18
- Category: ZIMBABWE
- Source: Mining Weekly
LONDON – Zimbabwe does not plan to change its ownership rules for diamonds and platinum, its mining minister said on Monday, denting hopes among some miners the country will open up ownership as it announces mineral frameworks in coming weeks.
View full story