BUSINESS NEWS

Zimbabwe power outages a manifestation of endemic corruption in govt

THE massive daily power outages rocking the country have had a devastating impact on an already fragile economy, throwing into disarray President Emmerson Mnangagwa's mantra that "Zimbabwe is open for...

By Staff reporter | Published: 12 July 2019

TRANSPORT & TOURISM

Power cut claims at JM Nkomo airport dismissed

The Civil Aviation Authority of Zimbabwe (Caaz) has dismissed claims that a fastjet aircraft failed to land at Joshua Mqabuko Nyongolo Nkomo International Airport in Bulawayo on Wednesday evening due ...

By Staff reporter | Published: 12 July 2019

INDUSTRIALS & ENERGY

Power blackouts shatter Bulawayo firms

POWER outages are wrecking Bulawayo's businesses, amid fears that the debilitating electricity cuts may force the closure of some firms, captains of commerce and industry have warned.This comes as Zim...

By Staff reporter | Published: 11 July 2019

INDUSTRIALS & ENERGY

RioZim, Zesa to ink power deal

RIOZIM says its US$1,5 billion investment into building a 2 800 megawatts thermal power station in Sengwa, Gokwe North, remains firmly on course with the company now moving to the next phase of prelim...

By Staff reporter | Published: 10 July 2019

BUSINESS NEWS

Chasi flies to SA to finalise a power import deal with Eskom

Energy and Power Development Minister Fortune Chasi is in South Africa to finalise a power import deal with Eskom as the Government moves to reduce power shortages. Minister Chasi's trip to South Afri...

By Staff reporter | Published: 10 July 2019

BUSINESS NEWS

Power cuts cripple informal sector

THE incessant power cuts being experienced across the country have hit the informal sector hardest with players now spending long hours or days without production. The power utility, Zesa, is implemen...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

'Mozambique, Zimbabwe power deal done'

Mozambique is ready to assist Zimbabwe with increased supplies of electricity from Cahora Bassa, the President has said. He was speaking on the sidelines of the 12th Extraordinary Summit on the Contin...

By Staff reporter | Published: 09 July 2019

POLITICS

ZACC gets arresting powers

THE Zimbabwe Anti-Corruption Commission (ZACC) - for long been rapped for being a toothless bulldog - now has arresting powers as Government takes giant strides in its quest to tackle the scourge of c...

By Staff reporter | Published: 03 July 2019

INDUSTRIALS & ENERGY

Batoka power plant construction set for next year

Zambia and Zimbabwe will start building the 2 400MW Batoka Gorge hydropower plant next year, a company jointly owned by the two governments said yesterday. The Batoka project involves construction of ...

By Reuters | Published: 03 July 2019

BUSINESS NEWS

Power cuts worsen Bulawayo water rationing

THE water crisis in the second largest city is set to worsen after the local authority said the ongoing power challenges have grossly affected its pumping capacity.The city council introduced a 36-hou...

By Staff reporter | Published: 02 July 2019

POLITICS

Chamisa cements power

A MONTH after out-manoeuvring his MDC competitors at the party's Gweru congress, opposition leader Nelson Chamisa, pictured, yesterday moved to consolidate his power - demoting some of the party's sta...

By Staff reporter | Published: 20 June 2019

POLITICS

Mnangagwa's political dialogue not a power sharing deal

Government says national political dialogue recently launched by President Mnangagwa was not a power sharing negotiation or an initiative towards the creation of Government of National Unity (GNU) but...

By Staff reporter | Published: 13 June 2019

POLITICS

Mnangagwa consolidates power, boots out Chiwenga ally

PRESIDENT Emmerson Mnangagwa yesterday tweaked his political bureau by axing Zanu-PF national commissar Engelbert Rugeje and replacing him with a trusted lieutenant - Victor Matemadanda.The surprise c...

By Staff reporter | Published: 11 June 2019

BUSINESS NEWS

Bulawayo Power station ownership transferred illegally without council knowledge

THE dispute between the Bulawayo City Council and the Zimbabwe Power Company over the ownership of the Bulawayo Power Station has taken a dramatic twist after it emerged that title deeds to the disput...

By Staff reporter | Published: 05 May 2019

INDUSTRIALS & ENERGY

Sengwa power station project set to start

LISTED mining group, RioZim, says it is set to kick start development of the proposed US$2 billion Sengwa Thermal Power Station project in Gokwe before the end of this year. In a statement accompanyin...

By Staff reporter | Published: 01 May 2019

INDUSTRIALS & ENERGY

Zesa engages BCC over power station

State power utility Zesa Holdings says it will engage Bulawayo City Council (BCC) and other stakeholders to resolve the ownership wrangle over Bulawayo Power Station, which BCC claims to own. This com...

By Staff reporter | Published: 31 January 2019

BUSINESS NEWS

Gono pursues power-generation

A company owned by former Reserve Bank of Zimbabwe governor Gideon Gono has applied for a licence to operate a 36 megawatt (MW) solar plant.According to the Zimbabwe Energy Regulatory Authority, TD En...

By Staff reporter | Published: 04 January 2019

BUSINESS NEWS

Massive power outage hits southern Zimbabwe

A MASSIVE power outage lasting more than 50 hours hit southern Zimbabwe at the weekend after poorly maintained pylons near Chiredzi succumbed to heavy storms, cutting electricity trunk lines in the so...

By Staff reporter | Published: 31 December 2018

FINANCIAL SERVICES

Empower Bank to introduce agency banking

EMPOWER Bank has set sights at introducing agency bank as part of its efforts to reach out to all marginalised youths across the length and breadth of the country.Empower Bank head of marketing Mrs Ch...

By Staff reporter | Published: 23 December 2018

BUSINESS NEWS

Zimbabwe bonus payments to power retail boom

ZIMBABWE'S retail sector is seen picking up in the short-term as consumer spending is expected to firm up following Treasury's timely payment of bonuses for civil servants this year.Government, for th...

By Staff reporter | Published: 06 December 2018

OPINION

Chamisa's love for power clouding his mind

It is time MDC-Alliance leader Nelson Chamisa realises that there are certain things which he cannot change and the best way is to leave such issues lying low for now.He fought a losing battle in the ...

By Zimpapers - editorial | Published: 03 December 2018

BUSINESS NEWS

Zimbabwe seeks funds to improve power infrastructure

Zimbabwe requires $1,2 billion to finance new power projects and repair ageing infrastructure, a report by the African Development Bank (AfDB) has shown.Several of the country's thermal power stations...

By Staff reporter | Published: 02 December 2018

BUSINESS NEWS

Zanu-PF legislator sued over $55k power debt

Mutoko South legislator Herbert Shumbamhini (Zanu-PF) has been taken to the High Court by the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), over an unpaid electricity bill of $54...

By Staff reporter | Published: 28 November 2018

BUSINESS NEWS

Power generation to improve

WORK on the much anticipated $5,2 billion Batoka Gorge Hydro Electricity project will soon commence after President Mnangagwa met officials from the main contractors, General Electric and Power China ...

By Staff reporter | Published: 25 November 2018

POLITICS

New power struggle rocks Zanu-PF

THE stage is set for a bruising turf war between Zanu-PF leader Emmerson Mnangagwa (pictured) and his ambitious deputy Constantino Chiwenga at the ruling party's annual conference to be held in Esigod...

By Staff reporter | Published: 23 November 2018
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