Exim Bank of India has approved $42.5 million in financing to improve electricity supply in Zimbabwe. The loan, to be repaid within 20 years, will reduce the current energy deficit of more than 1000 MW. According to local media, the loan will be provided in two phases. The first amount, valued at $23 million, will […]
With Zimbabwe now experiencing its “worst-ever hunger crisis”, the UN food relief agency has revised its humanitarian appeal to step up food assistance to people most affected by drought, flooding, and economic stagnation, saying that $331.5 million are needed. The revised humanitarian appeal covers January 2019 through to April 2020, with a total requirement […]
Zimbabwe may soon go blackout as low water levels reduce output from its biggest hydro plant, state-owned power utility warned on Thursday. According to Reuters, power cuts would hit the mining sector, which contributes more than two thirds of the southern African nation’s export earnings. The country, which experienced its worst power shortages in 2016 […]
Labacorp, an American company specializing in renewable energy production, has proposed to build a 900 MW solar project in Zimbabwe. The company is currently negotiating the contract with the authorities, Kudakwashe Taruberekera, founder and CEO of Craft Properties, the local partner of the American firm said. A team from Labacorp Power Company is expected by […]
Three independent power producers have applied to the Zimbabwe Energy Regulatory Authority (ZERA) for licenses to establish solar power plants that will add about 100 MW to the national grid. ZERA expects to license about 12 more independent power producers (IPPs) this year, a development which, if implemented, could see the Southern African nation’s power […]
Zimbabwe’s Ministry of Energy has rejected a plan by South Africa-owned Mining, Oil and Gas Services Company (MOGS) to construct a $1 billion fuel pipeline in the southern African nation, Zimbabwean publication The Herald reported. According to the government, the sector is oversubscribed and has no space for new players. The proposed 550km pipeline would […]
zimbabThe government of Zimbabwe has laid off over 3000 workers, as President Emmerson Mnangagwa tries to make good on its promise to cut the bloated civil service. The move comes a month after the southern African nation’s Minister of Finance announced an intention to cut the salaries of cabinet ministers and senior civil servants by […]
Africa’s travel and tourism industry continues to record impressive growth over the years. In 2017, the continent hit a 63 million high in international tourist arrivals as compared to 58 M in 2016 (+ 9%). The growth record is slightly above the global performance of a 7% rise in 2017, to reach a total of […]
Zimbabwe’s ruling ZANU-PF party has given President Emmerson Mnangagwa the go ahead to run for a second five-year term in 2023. ZANU-PF held the first annual conference since former President Robert Mugabe was forced to retire following an army coup in November last year. Mnangagwa’s election this year was seen as a significant step toward […]
Doctors at state-run Zimbabwean hospitals began a strike for the second time this year, saying working conditions, shortage of drugs and a deteriorating health-care system need immediate government attention. According to Mathabisi Bebhe, secretary general of the Zimbabwe Hospital Doctors Association, most junior doctors at the five major hospitals had downed tools to protest over […]
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