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
Zimbabwe
Zimbabwe Spends Nearly US$1bn on Electricity Imports, Mutapa Lines Up US$500m Energy Investment

Zimbabwe has spent USD 881.7 million importing electricity between January 2021 and March 2026, according to a monthly import series derived from ZimStat External Trade Statistics. The cumulative fig

May 04, 2026
World
South Africa Moves On Power Prices As Zimbabwe Rebuilds ZESA

South Africa is extending its electricity recovery into the price paid for power, with government proposing a 10-year tariff trajectory as part of broader reforms to the country’s electricity market.

Aug 19, 2026

Top Stories

Mutapa’s US$100m Darwendale Restart Reworks a Project Stalled by Financing , Sanctions

Mutapa Platinum Group, the platinum business within Zimbabwe’s state-owned Mutapa mining portfolio, has secured a US$100 million financing facility to restart development at Darwendale. The company is

5 hours ago

Zimbabwe’s Reserves Reach US$2bn, What It Means for ZiG Sustainability

Zimbabwe's foreign currency reserves reached US$2 billion in September 2026, equivalent to roughly two months of import cover and up from US$1.4 billion in June. The stock gives the Reserve Bank of Zi

7 hours ago

Justin Bgoni’s ASEA Vice Presidency Puts Zimbabwe’s Three Market Strategy on Continental Stage

SE Holdings Group Chief Executive Officer Justin Bgoni has been appointed Vice President of the African Securities Exchanges Association effective 2 October 2026, placing the head of Zimbabwe’s three

15 hours ago

WestProp Extends Minority Exit Offer as Restructuring Enters Final Phase

WestProp Holdings has extended the closing date of its minority shareholder exit offer to 9 October 2026 as the property developer moves into the final execution phase of its restructuring. The revise

16 hours ago

Hippo Sees FY27 Profit 5% to 10% Lower, Revenue Growth to Continue

Hippo Valley Estates expects profit to normalise by about 5% to 10% in FY2027 as the carryover stock that supported an exceptionally strong FY2026 earnings outturn unwinds, according to Finance Direct

17 hours ago

WestProp More Than Doubles Interim Dividend to 6 US Cents, HY26 Profit Falls 6%

WestProp Holdings, the Zimbabwean property developer behind Pomona City, Millennium Heights and Pokugara, declared an interim dividend of 6 US cents a share for the six months ended June 2026, more th

1 day ago

Econet InfraCo Makes US$13.7m Profit in First HY Results Since VFEX Listing

Econet Infrastructure Company (InfraCo) made a profit after tax of US$13.7 million in the six months to 31 August 2026, its first half year results since listing on the Victoria Falls Stock Exchange (

1 day ago

General Beltings Profit Falls 63% in HY26, Credit Constraints Limit Production

General Beltings Holdings, a manufacturer and distributor of conveyor beltings, rubber and chemical products, has seen profit after tax fall 63.2% to US$29,727 in the six months to June 2026 from US$8

1 day ago