Search results for 'ESKOM'
World
Biden talks green energy as Eskom CEO quits amidst blackouts surge

Biden also said the money would be spent helping "develop cutting-edge energy solutions like clean hydrogen, a deal worth $2 billion to build solar energy projects in Angola, $600 million high-speed c

Dec 16, 2022
World
SA Treasury Makes Strides to Address Electricity Crisis

The South African National Treasury's recent projection of an increase in economic growth has sparked optimism among the country's economists. This is a good sign for Zimbabwe because South Africa is

Feb 23, 2023
World
Mr Price Posts 6% Fall in Annual Profit Amidst Inflationary Pressure and Power Cuts

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jun 22, 2023
South Africa
Surreal Incompetence: Rand Commits to Losses

The South African rand has taken a hit, depreciating by 2% week on week to trade at 18.8 against the US dollar. The country's power deficits have been the main driver behind the currency's poor perfo

Jul 07, 2023
South Africa
Rand Slumps Amid Power Cuts, Controversial Foreign Policies

The South African rand has undergone a substantial decline, breaking the 19 mark and reaching its lowest level in almost three months, at US$19.2. This decline in the South African rand occurs concurr

Sep 06, 2023

Top Stories

Government grossly overestimates maize output :What else could it be misrepresenting?

Zimbabwe had projected a GDP growth of 6% in 2025, the Southern Africa region’s fastest and a record high in recent years. The growth was largely premised on a rebound in Agriculture anchored on maize

Sep 05, 2025

Zimbabwe Unlocks China’s Blueberry Market with New Phytosanitary Deal

Zimbabwe has secured a significant opportunity to export blueberries to China following the signing of a phytosanitary protocol during President Emmerson Mnangagwa’s recent visit to China, according t

Sep 05, 2025

Diesel Prices Static, Petrol Drops Slightly: Zimbabwe’s Costly Fuel Market

Zimbabwe’s fuel prices have seen a minor adjustment, with petrol prices dropping by one cent from $1.56 in August to $1.55 in September, while diesel prices have remained unchanged at $1.55, according

Sep 05, 2025

Gold Monthly Commentary: Gold Closes In on New Highs

Gold experienced a robust rally at the end of August, reaching US$3,429 per ounce, a 4% increase for the month, bringing its year-to-date gain to an impressive 31%. Despite a weaker US dollar, gold a

Sep 04, 2025

Implats Eyes Growth with Optimised Operations at Zimplats and Rustenburg

Impala Platinum Holdings Limited (Implats) a leading South African platinum group metals (PGM) producer plans to redefine its volumes  from improved processing availability at Impala Rustenburg and Zi

Sep 04, 2025

Gold Shoulders Economy, Deficit Nearly Extinct

Zimbabwe has achieved a historic milestone by recording its lowest trade deficit ever in July 2025, with the deficit plummeting by 94.5% to USD 8.7 million from USD 158.6 million in June 2025. This pe

Sep 03, 2025

NMBZ Loan Book Surges 18% as Bank Bets on Exporters

NMBZ Holdings Limited has expanded its loan book by 18% to ZWG 3.42 billion in the half year to 30 June 2025, up from ZWG 2.91 billion in December 2024 according to the latest half year financial resu

Sep 02, 2025

Zimbabwe’s Dual-Currency Inflation Eases: ZiG, USD Show Downward Trend

Zimbabwe’s inflation, measured in both ZiG (Zimbabwe Gold) and US dollar terms, experienced a significant decline in August 2025, signaling improved macroeconomic stability. According to Zimstat, an

Aug 31, 2025