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Search results: Zimbabwe Electricity Supply Authority (ZESA)

Increase forex retention – BNC

Bindura based Nickel producer Bindura Nickel Corporation (BNC) says the Reserve Bank of Zimbabwe must allow mining companies to retain at least 80% of their export earnings in foreign currency as they spend a lot of...

Power Cuts Costs Zim 20 Percent Of Potential Gold Output

The gold sub-sector lost 20 percent of potential output due to intermittent power supply during the course of the year despite mining companies making an advance payment to the Zimbabwe Electricity Supply Authority (ZESA) in foreign...

Zim owes Eskom R322 million

Minister of Public Enterprises Pravin Gordhan has said that debt-laden power utility Eskom is owed a combined R632 million by three neighbouring countries for providing electricity.Gordhan, in written reply to a question from Democratic Alliance MP...

Ten things that might hinder the performance of the mining sector in 2019

The mining sector in Zimbabwe has been predicted to be the economic resuscitator of the once giant economy in Africa.By Rudairo Dickson MapurangaThe president of Zimbabwe is optimistic that the mining sector will take a leading...

CONFIRMED 400MW ZESA, Eskom deal almost through

South Africa power utility Eskom has confirmed that it is working with Zimbabwe Electricity Supply Authority (ZESA) regarding the supply of 400MW in order to assist Zimbabwe with stable electricity supply and most of the conditions...

Zesa insolvent

THE Zimbabwe Electricity Supply Authority (Zesa) is insolvent with its liabilities outstripping its assets by over US$92 million, a report by the Auditor General Mrs Mildred Chiri reveals.The report was tabled in Parliament last week.“I draw...

Miners Accept ZESA Prepaid Plan, Concerned About Economic Tariff

The Chamber of Mines of Zimbabwe (CoMZ), representing large-scale miners, has indicated that miners are prepared to adopt the Zimbabwe Electricity Supply Authority's (ZESA) prepaid electricity system. However, their primary concern is whether ZESA can offer...

Zim lost 160 MW

ZIMBABWE last week lost 160 Megawatts of power after one of the only reliable generation station Hwange Unit Five went down, further crippling power supply at a time authorities are battling to secure more imports from...

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