HARARE, January 23 (The Source) – The Zimbabwe government has ordered fuel dealers to reduce prices immediately by between 7 and 14 percent, less than 24 hours after cutting excise duty on fuel imports in a move aimed at lowering production costs.
HARARE, January 23 (The Source) – Government has reduced excise duty on fuel imports, in a move aimed at reducing overall production costs in the country.
By Plaxedes Sibanda, HARARE, January 22 (The Source) – The Zimbabwe Power Company (ZPC) says it was guilty of mismanagement after paying $7 million in unsecured advances to controversial firm, Intratek, for the Gwanda solar project.
HARARE, January 22 (The Source) – Zimbabwe’s power utility ZESA Holdings says it is technically insolvent and does not have the financial capacity to effect a 50 percent salary increment or pay over $100 million in arrears which is being demanded by its workers.
HARARE, January 10 (The Source) – Work on the expansion of Hwange Power Station is set to commence this quarter after the Zimbabwe Power Company (ZPC) secured $400 million to start the program, an official said.
HARARE, December 14 (The Source) -Zimbabwe Energy Supply Authority (ZESA) workers are demanding a 50 percent salary increment citing a rise in the cost of living and the payment of more than $100 million in outstanding salaries.
HARARE, November 29 (The Source) – Zimbabwe’s infrastructure bank on Wednesday listed two bond facilities worth $65 million on the Finsec alternative trading platform, as it seeks to raise funds to finance its energy projects.
HARARE, November 3 (The Source) – Zimbabwe requires at least $10 billion to fund various power projects which would see the country generate an additional 4,192 megawatts and plug a crippling power deficit.
HARARE, November 1 (The Source) – The Zimbabwe Power Company (ZPC) sent out a total of 2029.88GWh of electricity against a target of 2124.59GWh in the third quarter of 2017, missing the production target for the quarter by 4.46 percent leading to resumption of load… Read More
HARARE, October 11 (The Source) – The Zimbabwe Energy Regulatory Authority (ZERA) says two international firms have submitted bids to provide fuel marking services as it battles to meet a 2018 first quarter deadline. The two firms are Swiss-based manufacturer of security inks, SICPA SA… Read More
HARARE, September 28 (The Source) – Zimbabwe has missed a June deadline to switch from high sulphur diesel to cleaner fuel and will now give fuel dealers a grace period to March 2018 to clear old stocks, Energy minister Samuel Undenge has said.
HWANGE, September 27 (The Source) – Zambezi Gas has secured a full mining licence for 25 years and plans to increase coal production from the current 60,000 tonnes per month to 150,000 tonnes. The miner, which is based in Hwange ventured into the $12 million… Read More
By Adel Moyo, HARARE, September 19 (The Source) – Zimbabwe has effectively shelved plans to extend its Feruka pipeline to Francistown, Botswana citing viability concerns over the project, an official has said.
VICTORIA FALLS, September 13 (The Source) – Makomo Resources says production at its Hwange mine has recovered to a static 150,000 tonnes per month from June to August, following a slow start to the year. The coal miner produced an average of 80,000 tonnes in… Read More
CHIPINGE, August 24 (The Source) – Financial services group, Old Mutual Zimbabwe on Thursday commissioned a $5,7 million mini hydro power plant in Chipinge district, southeast of Zimbabwe. The 1,6MW plant has capacity to meet a third of Chipinge’s 5MW power demand. Commissioning the plant… Read More