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Search results: high electricity tariffs
High Electricity Tariffs, Outages Choking Mining Industry, Gono
Chamber of Mines President Thomas Gono has said that the mining industry in Zimbabwe is grappling with significant challenges due to high electricity tariffs and frequent outages.Speaking at the Chamber of Mines Annual Mining Conference 2024...
Chamber Hints at New IPP Partnerships to Ease Sector’s Power Burden as Tariffs Bite
Zimbabwe’s mining industry is under mounting pressure from high electricity tariffs that the Chamber of Mines Zimbabwe has described as “unsustainable” for operations, Mining Zimbabwe can report.
By Ryan Chigoche
In its Quarterly Members’ Brief for the second...
Electricity, Water and Capital Crises Endanger 2030 Vision After US$12 Billion Target Failure
The mining industry, once envisioned as a key driver for achieving a US$12 billion industry by 2023, is now grappling with critical challenges that have left the country far short of its target. Despite efforts to...
Chamber Requests Government Support to Revise Fiscal and Electricity Frameworks
The Chamber of Mines of Zimbabwe (CoMZ), representing the country’s large-scale miners, has called on the government to revise fiscal and electricity frameworks that are increasingly straining operations and driving up costs in the mining sector,...
Power Outages, High Taxes, High Operational Costs a Headache for Miners
As Zimbabwe’s mining sector faces an increasingly challenging landscape, rising operational costs, power outages, and high taxes continue to constrain its potential, Mining Zimbabwe reports.By Rudairo MapurangaSpeaking at a recent Pre-Budget Capacity Building Workshop for the...
Policy Inconsistency Bad for Mining Investments in Zimbabwe
Zimbabwe’s mining sector is a critical contributor to the country's economy, with the government pushing to ensure the sector contributes significantly towards the achievement of Vision 2030, where Zimbabwe is expected to become an upper-middle-income economy...
From Consumer to Co-Developer: Mining Powers Zimbabwe’s Energy Future
The Government of Zimbabwe says it no longer views the mining sector merely as a consumer of energy. Instead, the sector has evolved into an active co-developer of the country’s energy infrastructure, investing in generation projects...
Chamber Urges Govt to Let Miners Exit ZESA for Cheaper IEUG Power
The Chamber of Mines of Zimbabwe is urging the government to release miners from ZESA power supply contracts. This would allow them to join the Intensive Energy Users Group (IEUG), as current tariffs remain too high...
Thomas Gono reflects on tenure as Chamber of Mines President
As Zimbabwe’s mining sector continues to evolve amid shifting global dynamics and growing calls for sustainability, the leadership of the Chamber of Mines plays a pivotal role in guiding the industry.In this exclusive interview, the...
Parliament Demands Stronger Mining Reforms, Local Benefits, and Energy Investment
Zimbabwe’s Parliament has reaffirmed its commitment to push for transformative mining reforms aimed at ensuring communities benefit meaningfully from the country’s mineral wealth, while also enhancing investment, beneficiation, and sustainable power supply to drive long-term national...
Chamber of Mines Singles Out Zimasco, Afrochine to Lead Ferrochrome Production Increase
Zimbabwe’s ferrochrome production is set for a major boost as two key players, Zimasco Mining Company and Afrochine Smelting Company, ramp up investments in mine expansion and smelting capacity. These strategic initiatives are expected to ensure...
Zimbabwe’s Mining Sector to Grow 7% in 2025 Despite Global Challenges
Zimbabwe’s mining sector is set for a significant boost in 2025, with growth expected to reach approximately 7% amid a challenging global economic environment marked by sluggish growth, trade disruptions, and declining commodity prices, Mining Zimbabwe...
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