Search results: zesa

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...

Grid Africa, a company involved in renewable energy, has partnered with local miners to construct a 72 MW solar plant, a welcome development that will alleviate the power crisis currently affecting the industry.By Ryan ChigocheThis project...

The Mutapa Investment Fund (MIF) is set to leverage its vast mineral resources to capitalize on other key parastatals, according to CEO John Mangudya.by Ryan ChigocheHe made this revelation on the sidelines of a recent event...

The Mutapa Investment Fund (MIF) is set to leverage its vast mineral resources to capitalize on other key parastatals, according to CEO John Mangudya. He made this announcement on the sidelines of a recent event where...

In response to the government’s call for increased self-reliance in energy production, ferrochrome miners in Zimbabwe are embarking on a major power initiative. Ferrochrome companies, which have historically benefited from relatively low tariffs, are now investing...

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...

It is crucial to protect miners from losses stemming from the nation's unstable monetary policies, which expose them to foreign exchange risks.By Rudairo MapurangaThe current 75/25 foreign currency retention policy is impeding the growth of the...

Kuvimba Mining House (KMH) Chief Executive Officer (CEO) Simba Chinyemba is set to leave the diversified mining company to join Mutapa Investment as Chief Investment Officer (CIO), Mining Zimbabwe has learnt.According to sources Chinyemba was headhunted...

A forensic report conducted by South Africa's ForFar Forensics has flagged the reopening of Vubachikwe Gold Mine, citing several issues such as mismanagement, mounting debts, and unscrupulous operations.Rudairo MapurangaWhile workers were looking forward to the reopening...

Zimbabwe Mining and Smelting Company (ZIMASCO), the country’s biggest producer of ferrochrome, has shut down operations as a result of excessive electricity bills and the decline in prices on the international market, a local publication revealed.In...

Gold-focused mining company, Caledonia Mining Corporation says it has received an undisclosed offer from a global operator to buy its 12MW solar plant with the process of sale underway.Hit by power cuts and an unstable grid,...

In an endeavour to reduce the carbon footprint in its steelmaking inline with the world's vision to reduce carbon emissions, Dinson Iron and Steel Company (Disco) is strategizing to produce "green steel" without the use of...