POLITICS

Mthuli Ncube's jaywalk in corridors of power

Mthuli Ncube, who was appointed Finance minister last week, faces the daunting task of resuscitating the economy amid huge political hurdles and public expectations.Ncube has tabled an ambitious plan ...

By Staff reporter | Published: 14 September 2018

INDUSTRIALS & ENERGY

Zimbabwean power imports down 50%

Zimbabwe's power imports declined by almost 50 percent during the second quarter of the year after the country's power utility increased generation at Kariba plant. Zesa Holdings increased output at K...

By Staff reporter | Published: 13 September 2018

OPINION

Mnangagwa's power of silence and love

President Mnangagwa suffered much humiliation at the hands of the G40 cabal, led by former First Lady Grace Mugabe with the tacit endorsement of then President, Mr Robert Mugabe. Around 10 months lead...

By Staff reporter | Published: 10 September 2018

POLITICS

Chamisa concludes power transfer deal with key state institutions

MDC Alliance presidential candidate Nelson Chamisa yesterday claimed his legal team had concluded talks with key State institutions to ensure a smooth transfer of power from Zanu-PF after his expected...

By Staff reporter | Published: 27 July 2018

TELECOMS & TECHNOLOGY

Telecoms firms merger project talks underway

Talks to merge three telecommunications companies, Zarnet, Powertel and Africom, are underway and will be finalised by the end of the year, businessdigest has learnt.Powertel and Zarnet are both State...

By Staff reporter | Published: 27 July 2018

INDUSTRIALS & ENERGY

Mutoko Power Station amends licence

Nyangani Renewable Energy Limited trading as Riverside Power Station, a company licensed under the Electricity Act to construct, own and operate a 2.5 MW solar plant at Musvaire Village in Mutoko, Mas...

By Ngoni Shenjere | Published: 24 July 2018

BUSINESS NEWS

BCC approves request for borrowing powers

THE Bulawayo City Council (BCC) has approved a request by its finance and development committee to seek $174 million borrowing powers from the Local Government ministry to undertake various capital pr...

By Staff reporter | Published: 22 July 2018

BUSINESS NEWS

Zimbabweans' buying power increases

The buying power of Zimbabweans is strengthening with revelations that consumers are spending more goods than previously.Of the $534 million generated by Meikles Holdings in revenue during the just en...

By Staff reporter | Published: 17 July 2018

BUSINESS NEWS

Mnangagwa pledges power project

President Emmerson Mnangagwa has vowed to push ahead with a hydro-electric power project on the Zambezi river as he campaigns ahead of the July 30 election on a promise to rebuild the shattered econom...

By Staff reporter | Published: 09 July 2018

INDUSTRIALS & ENERGY

Sakunda plans power exports

SAKUNDA Holdings is in negotiations with the Zimbabwe Regulatory Authority (Zera) and other statutory bodies to export electricity from its 200-megawatt Dema Power Plant to Zambia before year end, bus...

By Staff reporter | Published: 06 July 2018

INDUSTRIALS & ENERGY

Zim requires $15bn for power projects

The Zimbabwe Energy Regulatory Authority (ZERA) says the country requires a total of $15 billion to rehabilitate existing power plants and develop new energy projects in order to meet the demand proje...

By Staff reporter | Published: 05 July 2018

POLITICS

Zim army dodges questions on power transfer

ZIMBABWE's military, for long accused of dabbling in partisan Zanu-PF politics, yesterday ducked questions on whether they would allow for smooth transfer of power in the event of a victory by an oppo...

By Staff reporter | Published: 05 July 2018

POLITICS

Chamisa to empower resettled farmers

MDC Alliance presidential candidate Nelson Chamisa has, in the event of winning this month's crunch national elections, ruled out his government repossessing land from thousands of people who benefitt...

By Staff reporter | Published: 03 July 2018

INDUSTRIALS & ENERGY

Govt forms new power company

GOVERNMENT has formed a new company, Hwange Electricity Supply Company (Hesco), to manage power generation under the $1,5 billion Hwange Thermal Power Station expansion project.Energy and Power Develo...

By Staff reporter | Published: 02 July 2018

BUSINESS NEWS

Beitbridge businesses decry 6 yrs of power cuts

Businesses operating in the eastern part of Beitbridge's central business district have raised concern over intermittent power cuts, which have become perennial over the past six years.So bad is the s...

By Staff reporter | Published: 02 July 2018

POLITICS

'Mnangagwa came to power through violence'

AMERICAN think-tank, Council on Foreign Relations (CFR), yesterday said the weekend explosion at a Zanu-PF rally in Bulawayo was confirmation that Zimbabwe's political landscape has not yet shed off i...

By Staff reporter | Published: 29 June 2018

BUSINESS NEWS

Power station expansion excites Hwange residents

PEOPLE from Hwange District are excited about the Hwange Power Station expansion project which they say is a game changer in the development of the district.President Emmerson Mnangagwa  on Wedne...

By Staff reporter | Published: 29 June 2018

POLITICS

Mnangagwa spending a fortune to retain power

The ruling Zanu-PF party is spending a fortune to retain power at the forthcoming polls, with millions of elusive hard currency having been spent on top-of-the-range vehicles, advertising and campaign...

By Staff reporter | Published: 27 June 2018

MINING & RETAIL

Mine compels Zesa to disconnect power

A CHINHOYI-BASED gold mine, Eldorado Mine recently successfully obtained a court order compelling the Zimbabwe Electricity Transmission and Distributing Company (ZEDTC) to disconnect power supply to i...

By Staff reporter | Published: 26 June 2018

POLITICS

Nkomo pledges to implement devolution of power

OPPOSITION People's Rainbow Coalition (PRC) vice-president Samuel Sipepa Nkomo says once voted into power his party will ensure that devolution of power is implemented from ward level so that there wa...

By Staff reporter | Published: 26 June 2018

POLITICS

Court clips Muchinguri's powers

THE High Court has outlawed the Zimbabwe National Water Authority (Raw Water Tariffs) Regulations, Statutory Instrument (SI) 48 of 2016, which gave Environment, Water and Climate minister Oppah Muchin...

By Staff reporter | Published: 25 June 2018

BUSINESS NEWS

Exim Bank avails funds for Hwange Power Station

CHINA Exim Bank has released the initial $200 million to immediately kick-start the $1,5 billion Hwange Thermal Power Station expansion project in Matabeleland North province.President Emmerson Mnanga...

By Staff reporter | Published: 20 June 2018

INDUSTRIALS & ENERGY

Powerspeed expansion drive paying off

Profit for hardware retail chain Powerspeed Electrical Limited, for the half year to March 31, 2018 surged 252 percent to $2 million on product range expansion and availability. Turnover jumped 55 per...

By Staff reporter | Published: 12 June 2018

POLITICS

'MDC-T power-mongers plotting against Alliance'

MDC ALLIANCE spokesperson and leader of the MDC, Welshman Ncube has sensationally claimed that some power-hungry MDC-T officials had embarked on a mission to derail the coalition project after they we...

By Staff reporter | Published: 11 June 2018

INDUSTRIALS & ENERGY

Batteries power Art profits

Art Corporation's profit after tax rose to US$3,2 million in the half year to 31 March 2018 from US$1,2 million thanks to strong performance in its battery division and other units.The group's revenue...

By Staff reporter | Published: 08 June 2018
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