Search results for 'blackouts'
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
Companies
Khayah Cement Rebounds with 38% Volume Growth After Dismal 2022: Insights into the Latest Performance

Cement producer Khayah Cement, formerly known as Lafarge Cement Zimbabwe, has rebounded to production growth following a dismal 2022 performance. In the just-concluded 2023 fiscal year, the group reco

Jun 19, 2024
Zimbabwe
40 Tonnes of Gold: A Dream or a Delusion Using Latest Gold Stats?

Zimbabwe's gold sector has demonstrated remarkable resilience, with July witnessing a substantial surge in gold deliveries to Fidelity Refinery, the nation's sole gold purchaser. The total volume of

Aug 15, 2024
Zimbabwe
Water Levels at Critical Point: Kariba Dam on ‘Brink of Collapse’, Leave Millions in Darkness

imbabwe is teetering on the precipice of a catastrophic power crisis, with the situation at the Kariba Dam reaching a terrifying nadir. As of August 19th, 2024, water levels have plummeted to a criti

Aug 19, 2024
Zimbabwe
A Nation Plunged into Darkness: What are Government’s Initiatives to Alleviate Power Crisis?

Zimbabwe is currently struggling with power blackouts due to recurring drought spells that are hindering power production at Kariba Dam. As of August 19, 2024, water levels have plummeted to a critica

Aug 29, 2024
Zimbabwe
Power and Panic: Kariba Dam's Water Levels Drops Below 5%

As November 2024 unfolds, Zimbabwe faces alarming news regarding the dwindling water levels at Kariba Dam, a critical resource for the nation's energy supply. The lake level has dropped to 476.14 m,

Nov 02, 2024
Zimbabwe
ZPC Gives Update on Nationwide Blackouts: What’s Went Wrong, What’s next?

Zimbabwe Power Company (ZPC) has attributed the nationwide blackouts experienced yesterday in the country to a system disturbance. The disturbance resulted in a complete loss of power supply, but ‘mo

Nov 25, 2024
Zimbabwe
A Looming Dark Christmas: Zimbabwe's Power Sector in Shambles

Zimbabwe is likely to face a dark festive season due to persistent power outages. The continued nationwide blackouts and inadequate power generation, which fails to meet demand, support this predicti

Dec 18, 2024

Top Stories

Zimbabwe's Mineral Processing Rules Face COMESA Regional Integration Test

Zimbabwe’s ambition to develop regional mineral-processing industries faces a significant policy test after President Emmerson Mnangagwa committed the country’s COMESA chairmanship to accelerating ben

1 day ago

Zambia's Izwe Loans Profits Rise 26% on Fee Income, Zim's Banks Face Tighter Charges

Zambia's Izwe Loans Zambia has recorded a 26% increase in profit after tax to K112.2 million (approximately US$6.23 million) for the six months ended 30 June 2026, supported by a near doubling of fee

1 day ago

Zimplow’s Implement Export Volumes Overtake Local Sales Amid 2027 Drought Risks

VFEX-listed Zimplow Holdings has recorded a US$1.54 million turnaround in pre-tax earnings for the nine months ended September 2026, supported by stronger margins, improved stock availability and a sh

Oct 22, 2026

Zambia Re Profits Nearly Triple as Underwriting Improves, Outpacing Zimbabwean Insurers

Zambia Reinsurance, formerly Prima Reinsurance, has recorded a 198% increase in profit after tax to K6.09 million (approximately US$338,000) for the six months ended 30 June 2026, despite reinsurance

Oct 22, 2026

Zimbabwe Hosts COMESA Heads of State Summit, Mnangagwa to Lead Regional Economic Bloc

Zimbabwe is hosting the 25th Common Market for Eastern and Southern Africa (COMESA) Heads of State and Government Summit today, 22 October 2026, at the New Parliament Building in Mt Hampden, with Pres

Oct 22, 2026

IMF Research Exposes Cost of Broad Subsidies Ahead of Zimbabwe's 2027 Budget

Zimbabwe’s preparation of the 2027 National Budget faces a difficult fiscal calculation as new International Monetary Fund research finds that broad food subsidies can cost approximately six times as

Oct 21, 2026

Cassava Enters World Bank Plan for Affordable African AI

The World Bank Group launched its first digital strategy on 20 October, setting out a financing and policy framework for developing countries to expand affordable connectivity, digital services, skill

Oct 21, 2026

Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure

Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa

Oct 21, 2026