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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...
Factor Your Power Increase Fears into Your Plans: ZESA Tells Miners
The Zimbabwe Electricity Supply Authority (ZESA) has urged miners to incorporate the potential for electricity price hikes into their operational plans, as the utility continues to advocate for cost-reflective tariffs.By Ryan ChigocheFor years, miners in Zimbabwe...
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...
Small-Scale Miners Responsible for Huge ZESA Debt – Chamber
The Chamber of Mines Zimbabwe (CoMZ) said that small-scale miners are responsible for the significant debt the mining sector owes to the Zimbabwe Electricity Supply Authority (ZESA), as members of the Chamber are under pre-supply agreements...
Chamber of Mines Zimbabwe Engages ZESA Over Power Crisis
The Chamber of Mines Zimbabwe (CoMZ) has engaged the Zimbabwe Electricity Supply Authority (ZESA) over the ongoing power crisis, urging the prioritization of the mining sector amid crippling power cuts.By Ryan ChigocheAs the largest consumer of...
Zimbabwe’s Mining Sector owes ZESA US$45.6 million
The mining sector, Zimbabwe's largest consumer of energy, currently owes the Zimbabwe Electricity Supply Authority (ZESA) a staggering Z$684.8 million (US$45.6 million).By Ryan ChigocheThis amount represents 12% of ZESA’s total debtors' book, placing a significant financial...
ZESA raises mines power tariff by 8% to meet production cost
Zimbabwe, which has the world’s third-biggest reserves of platinum-group metals, and also mines gold, diamonds and chrome, is targeting growth in the sector to $12 billion output by 2023.Zimbabwe’s power utility ZESA Holdings will no longer...
RBZ gives ZESA go ahead to charge in forex
The Reserve Bank of Zimbabwe has given power utility, ZESA, the green light to start charging exporters in foreign currency.Through Statutory Instrument 131 of 2022, the central bank said ZESA can now bill exporters of goods...
Zesa turns to technology
ZESA Holdings says the power utility will focus mainly on providing solutions amid a spike in theft and vandalism on its property.ZESA executive chairman Sydney Gata said the power utility was going to use technology in...
Zisco pays off $40m Zesa debt
DEFUNCT steel manufacturer, Zisco, has paid off a $40 million debt it owed the country’s power utility, Zesa after securing a loan from the Industrial Development Corporation of Zimbabwe (IDCZ) recently.In November last year, Zesa disconnected...
Zesa switches off Ziscosteel
Zimbabwe Electricity Supply Authority (ZESA) has disconnected the power supply from the defunct giant steel manufacturer, Ziscosteel, over a ZW$40 million debt.
Vongai MbaraThis comes only 2 weeks after Zesa threatened to switch off mining houses over...
Zesa Threatens To Cut Off Mining Firms Over US$37m Debt
ZESA Holdings has threatened to switch off mining houses over a US$37 million legacy debt, which it blames for crippling the power utility’s operational efficiency. Vongai Mbara Speaking during the recent launch of the 2021 Mining Industry Report...
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