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Hwange Power Station funding under threat

Zimbabwe might face challenges accessing the US$1 billion loan facility from China Eximbank for Hwange Power Station expansion following the change of functional currency that resulted in funds that were held in an escrow account to...

Gvt considering aluminum transformers to reduce theft

More than 3000 electricity transformers are needed to replace stolen or absolete one, however, Zimbabwe Electricity Transmission and Distribution Company (ZETDC) faces hurdles of getting foreign currency to procure them, Energy and Power Development deputy minister...

Makomo Resources fails to meet production target

Makomo Resources, one of the country's biggest coal producers says production in the first quarter of the year remained subdued, with output only reaching half of the company’s target due to the unavailability of key raw...

More woes for Redwing Mine workers

It literary never rains, but pours for Redwing Mine workers who have not been paid for the past 15 months, but stayed put at the mine compound, demanding payment of their dues. Five days ago, Zesa piled...

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