Search results for 'SOLAR'
Zimbabwe
US$1bn Floating Solar Farm In Kariba Proposed by Chinese Firm

Due to low water levels and insufficient ability to generate enough electricity to fulfil demand, Zambia now has a deficit of electricity. To prevent a power catastrophe, according to Hichilema, the n

Mar 27, 2023
Companies
Ariston Wraps Up 500Kva Solar Project

Ariston Holdings, a prominent agricultural Group, has successfully concluded a solar project commissioned in July to mitigate the impact of power challenges on production costs and output. The decisio

Aug 16, 2023
Climate
CEC Reports Strong Half-Year Results, Resolves Historic Issues, and Focuses on Clean Energy Integration

For the six-month period ending June 30th, 2023, CEC reported revenues of USD 186.6 million, a 2% increase from the previous year, primarily attributed to regional and local power sales growth. The co

Aug 25, 2023
Companies
From Plastics to Plugs: Proplastics Set Sights on Solar Energy

Proplastics Limited Zimbabwe has set its sights on installing a significant solar generation project. The main objectives of this endeavour are to increase the availability of power supply, reduce ope

Sep 22, 2023
World
Battling the Abyss: Ariston Holdings Limited Records a Whopping ZWL$33 billion Loss

Harare - Ariston Holdings Limited faced a formidable challenge as its loss position widened to a staggering ZWL$33 billion in the full year that ended on September 30, 2023, compared to a loss of ZWL$

Jan 10, 2024
Companies
Proplastics Cuts Costs with Internal Funding

ively leveraged internally generated foreign currency to address its foreign obligations, streamline internal operations, and reduce its gearing ratio. Despite the persistently unreliable foreign curr

Mar 26, 2024

Top Stories

Zimbabwe Stock Exchange Declares Dividend: A Blend of US Dollars and Zimbabwe Gold

The Zimbabwe Stock Exchange (ZSE) has declared a final dividend from the Company's profits for the full year ended 31 December 2023. This significant development reflects the ZSE's commitment to rewa

1 day ago

A Step Towards Sustainability: RTG’s Solar Investment Powers Kadoma Hotel

Kadoma Hotel, owned by Rainbow Tourism Group (RTG), has successfully harnessed the power of solar energy through its green investment. The installation of a 300KVa solar plant has enabled the hotel to

1 day ago

ZiG Currency Maintains Stable Ground in Formal Market

Zimbabwe's latest introduced gold-backed currency, the Zimbabwe Gold (ZiG), has demonstrated stability on the official market since its inception, maintaining its value for almost a month. On the 26th

1 day ago

Prospect Lithium Pursues Lithium Sulphate Plant Amidst Global Downturn

In light of a significant 33% decline in lithium prices compared to the previous year, many companies in Zimbabwe and the surrounding region have curtailed their production activities as a means to o

Apr 25, 2024

CBZ Holdings Appoints Lawrence Nyazema as Group CEO

CBZ Holdings, a ZSE listed financial giant has announced the appointment of Lawrence Nyazema as the new Group Chief Executive Officer, effective from April 19th 2024. The bank circulated this news on

Apr 24, 2024

WestProp's Billion-Dollar Marvels: Pomona City, The Hills set to Reshape the Future

estProp Holdings, a leading real estate company in Zimbabwe, has achieved a significant milestone, surpassing a net profit of over US$50 million for the full year ended 31 December 2023 to US$50.28 mi

Apr 24, 2024

First Capital's Loan Base on Brink of $100 Million in FY23

irst Capital Bank has concluded its fiscal year 2023 on a positive note, achieving remarkable profitability and a substantial increase in loans and advances, which are integral to the banking industry

Apr 23, 2024

Corporate Action Summary

The Board of Directors of First Capital Bank declared a final dividend of US$ 0.22 cents per share for the period ended 31 December 2023. The dividend will be paid on or about the 10th of May, 2024, t

Apr 22, 2024