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

First Capital's Loan Base Teeters 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

6 hours ago

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

1 day ago

Recipe for Failure: Government Implements Coercive Monetary Policy

The Zimbabwean Government's introduction of the Zimbabwe Gold (ZiG) currency has shown initial signs of stability and acceptance in the business community. Initially trading at US$1: ZiG13, the ZiG h

1 day ago

ZiG Currency Conundrum: Government Cracks Down with Iron Fist to Tackle Black Market

Zimbabwe's newly introduced currency, the Zimbabwe Gold (ZiG), has experienced appreciation on the formal market on April 18, 2024, maintaining a consistent streak of appreciation. Since its introduct

Apr 18, 2024

Building in Troubled Waters: Masimba Predicts Unstable Outlook

The construction industry is facing significant challenges, according to Masimba Holdings Limited, a leading construction company. In its latest financial results for the full year ended December 31,

Apr 18, 2024

Innbucks Microbank Electrifies New Products: Nano Loans, Loyalty Programs, and More

Innbucks Microbank, a prominent microfinance institution, has unveiled its ambitious plans to expand its product offerings and drive growth in the second half of the 2024 financial year. With a strong

Apr 16, 2024

Padenga Raises the Bar: Sets Audacious Gold Production Target

Padenga Holdings Limited, a determined gold miner listed on the Victoria Stock Exchange, is setting a new record target amidst intense competition among the top three gold producers in Zimbabwe. After

Apr 16, 2024

Hwange Colliery’s Preemptive Action: Set to Halt Production in Next 6 Months

Hwange Colliery plans to halt underground mine production for 6 months to address coal oversupply and prevent spontaneous combustion Spontaneous combustion poses a significant risk to the company, as

Apr 15, 2024