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

Unki Output Dips 8% in Q3’ 2025, Higher PGM Basket Prices Offer Partial Relief

Unki Platinum Mine, Zimbabwe’s third-largest producer of platinum group metals (PGMs), recorded an 8% decline in third-quarter to September 2025 production to 57,500 ounces, down from 62,200 ounces du

1 day ago

Turnall Swings Back to Profit in Q3 2025, Cuts Loss by 91%

Turnall Holdings a Zimbabwe-based manufacturer of fibre cement roofing products, pipes, and concrete tiles has edged back into profitability recording a US$92,091 after-tax profit in the third quarter

Nov 06, 2025

TN CyberTech Flags Financial Exclusion of Elderly as Only 46% of Zimbabweans Hold Bank Accounts

TN CyberTech Bank has raised the alarm over Zimbabwe’s deepening financial exclusion, revealing that only 46% of the country’s adult population holds a formal bank account, according to its latest fin

Nov 06, 2025

Zimbabwe eliminates 11 licenses, caps SME fees at $500 to streamline operations

he Government implemented a series of reforms on 31 October 2025 aimed at enhancing the ease of doing business by eliminating redundant licenses and fees, a move that addresses long-standing barriers

Nov 05, 2025

Prospect Resources Exits Zimbabwe Lithium Operations , Invests in Zambian Copper

Prospect Resources Limited, the Australia (ASX)-listed battery minerals explorer, has signed an agreement to sell its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking its lates

Nov 05, 2025

Revival of RioZim: Reopens Mines, Eyes Profitability in Soaring Gold Market

ioZim Limited, once a powerhouse in Zimbabwe's mining sector and the third-largest gold producer in 2020 just behind Caledonia and Freda Rebecca, has endured a prolonged period of decline marked by op

Nov 04, 2025

ZiG Holds Firm as Reserves Near $1 Billion Milestone

The Zimbabwe Gold (ZiG) currency has demonstrated remarkable stability against the United States Dollar (USD) on the Willing Buyer Willing Seller (WBWS) market, maintaining a steady trajectory amid br

Nov 03, 2025

Zimbabwe's Trade Balance Plunges into Red After Maize Ban Lift, Gold Export Slump

Zimbabwe’s trade balance slipped back into deficit in September 2025, recording a shortfall of US$30.8 million after a modest surplus of US$6.9 million in August, a 548.8% swing from black to red. T

Oct 31, 2025