12.8 C
Harare
Saturday, April 17, 2021
Revenue decreased by 2%Gross profit increased to K66.915 millionRegional power supply increased by 3% following an increase in the customer base Lusaka Stock Exchange listed electricity generation, transmission, distribution and supply company, Copperbelt Energy Corporation (CEC) posted a mixed performance for the half...
40KVA solar plant commissioned on Monday 17 August 2020CEO Justin Bgoni said that adopting the solar energy route is in line with the ZSE commitment to sustainable practices“The ZSE looks forward to annual cost savings of around USD42 000 from the switch to solar energy and the...
Petrol price has gone up from ZWL$71.62 per litre to ZWL$93.15 while diesel price has increased from ZWL$62.77 per litre to ZWL$83.36.US$ prices remains unchangedThe local currency traded at 80.46 to the greenback, up from 76.75 which was recorded last week Harare –...
Volumes slightly declined to 836 tonnesExport volumes grew to 14%Revenue stood at ZWL$294.2 million Harare – In line with market wide fall in demand, CAFCA reported marginally declined volumes for the half year ended 31 March 2020. “Volumes for the six...
Government has reviewed mining feesMining fees have been effected through Statutory Instrument 95 of 2020The fares charged in US dollars are in line with the reintroduced multi-currency regime Under economic pressure which saw inflation's gale forces hit 676% in March and an alarming...
Generator sales doubled to 102Service hours increased by 28%Revenue surged to ZWL51.6 millionProfit soared to ZWL4.1 million Harare - Powermec, a subsidiary of listed manufacturer and distributor of farming equipment Zimplow, recorded a positive performance for the year ended 31 December 2019.
Zambezi River levels rise to highest in 20 yearsElnino weighed on power generation in SADCZESA pays off ESKOM debt in fullHwange units under refurbishment In 2019 Zimbabwe’s economy grappled with rolling power cuts netting over 18 hours in a day in some cases,...
ZESA has been reliably meeting the demands of exportersCaledonia to expand Solar capacity in 2020Caledonia to explore a sustainable hybrid power system56 000 ounces target set for 2020 Harare- AIM, TSX, and NYSE listed, Caledonia Mining Corporation Plc whose primary asset is Blanket Mine near Gwanda, says while...
Harare- With persistent power shortages, Zimbabwe is seeking to take advantage of other sources of electricity to deal with the scourge that has resulted in poor production in various key industries such as mining in the course of the year. In latest developments, government announced...
Harare – As inflation and exchange rates continue on an upward trend, the energy supply authority has indicated that it will be reviewing upwards the current power tariffs to help boost its operational efficiencies. This was revealed on Thursday 19th of September 2019 during the Portfolio...