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Zimplats imports power directly from Zambia
Zimplats, the country's largest platinum producer, now directly imports up to 70 megawatts from Zambia, ensuring stable operations and potentially boosting production.Last year, Zimplats signe...Published: 12 Jan 2024 at 04:59hrs | 2 | by Staff reporter
Zesa mulls switch to forex-indexed power tariff
POWER utility Zesa Holdings Limited wants all of its clients, including industries, to pay their electricity bills in foreign currency to fulfil its power import commitments, Zimbabwe Independent can ...Published: 12 Feb 2023 at 07:26hrs | | by Staff reporter
POLICE WARNING: Private security firms potential criminals
POLICE have warned Bulawayo residents against hiring private security companies to patrol in their suburbs as that could expose them to criminals.The officer Commanding Bulawayo Province Commi...Published: 02 Feb 2023 at 23:08hrs | 1 | by Staff Reporter
Zesa tariff hike looms for miners
ZESA Holdings is set to review tariffs for major consumers such as miners to improve generation and boost its capacity to import electricity to meet local demand.In his 2023 national budget st...Published: 02 Dec 2022 at 05:01hrs | | by Staff reporter
Government outlines measures to stabilise electricity supply
Efforts to stabilise electricity supply are ongoing, with the Government coming up with a raft of measures such as gradually reviewing the tariff upwards so that funds are available for maintenance, i...Published: 02 Dec 2022 at 04:56hrs | | by Staff reporter
Platinum seen as Zimbabwe's mainstay for foreseeable future
PLATINUM is likely to be Zimbabwe's mainstay in the foreseeable future considering the way platinum firms operating in the country are investing in new mines and smelters to increase production and su...Published: 24 Oct 2022 at 06:11hrs | 1 | by Staff reporter
ZIMASCO starts building two new furnaces
ZIMASCO, a unit of China's Sinosteel, has started building two new furnaces at the Kwekwe complex as it targets to raise capacity by 40 percent, a spokesperson said.The US$35 million investmen...Published: 01 Sep 2022 at 06:29hrs | | by Staff reporter
Zesa pays US$6,4m for power deal
ZIMBABWE has secured a five-year deal to import 100 megawatts of electricity a day from Zambia after paying US$6, 4 million upfront to Zesco, Zambia's power utility, Energy and Power Development minis...Published: 22 Aug 2022 at 07:11hrs | | by Staff reporter
Assessing the US$12 billion mining industry target
The Zimbabwean government launched an ambitious plan to transform the mining sector into a US$12 billion export industry by end of 2023. The plan was launched in October 2019 as a key pillar to sustai...Published: 11 Aug 2022 at 12:01hrs | 1 | by Victor Bhoroma
Mnangagwa steps in
Zimbabwe's power supply situation is set to ease significantly in the coming weeks, with President Mnangagwa scheduled to travel to Zambia and Mozambique ...Published: 31 Jul 2022 at 07:19hrs | | by Staff Reporter
Zimbabwe suspends platinum levy
THE Government has suspended the 5 percent levy on raw platinum exports after miners lobbied the Treasury for its removal citing its detrimental impact on operations and the commitment by industry pla...Published: 17 May 2022 at 06:31hrs | 2 | by Staff reporter
All Zimbabweans must benefit from mineral Resources: Zimcodd
THE Zimbabwe Coalition of Debt and Development has reported that in the week under review, Zimbabwe registered a big milestone in the mining of Platinum Group Minerals (PGMs) with the addition o...Published: 07 Apr 2022 at 11:08hrs | 1 | by Stephen Jakes
Zimbabwe's platinum output rises 6%
ZIMBABWE'S platinum output increased by 6% to 475 000 ounces (oz) last year as the backlog of semi-finished inventory was processed through South African smelters and refineries, the World Platinum In...Published: 13 Mar 2022 at 08:07hrs | 1 | by Staff reporter
Mnangagwa takes urban renewal gospel to Kwekwe
URBAN renewal is at the centre of Zanu-PF's agenda ahead of both the looming by-elections and next year's general elections, occasions which both offer the electorate the opportunity to boot out incom...Published: 25 Feb 2022 at 07:07hrs | | by Staff reporter
Chrome ore export ban excites local players
THE steel manufacturing sector has welcomed Government's decision to ban export of chrome ore saying this will assist local players to secure ferrochrome for their operations at competitive prices....Published: 10 Jan 2022 at 05:56hrs | | by Staff reporter
ZimAlloys to resume production next year
Zimbabwe Alloys (ZimAlloys), one of the country's largest ferrochrome producer is looking to re-start production during the first quarter of next year, an official has saidThe company owns thr...Published: 08 Oct 2021 at 06:24hrs | 5 | by Staff reporter
Zimasco completes feasibility study for Mberengwa furnaces
ZIMASCO, a local ferro-chrome producer owned by China's Sinosteel, has completed a feasibility study for the construction of furnaces in Neta, Mberengwa District, where it intends to build new mines, ...Published: 22 Sep 2021 at 06:00hrs | 5 | by Staff reporter
Chrome export ban sends tremors
GOVERNMENT'S shock decision to ban the export of raw chrome has sent shivers across markets, with mining industry players and leading experts calling on authorities to roll out incentives to stimulate...Published: 08 Aug 2021 at 07:29hrs | | by Staff reporter
Chrome ore export banned
Exports of chrome ore have been banned with immediate effect and exports of chrome concentrates from July next year, as there are now enough smelters in the country to ensure that all exports are of f...Published: 04 Aug 2021 at 06:25hrs | | by Staff reporter
Mystery of Kuda Tagwirei's assets in Zimbabwe revival plan
In December, the government of Zimbabwe announced a multibillion-dollar project called Kuvimba Mining House Ltd. that would hold some of the nation's most valuable gold, platinum, chrome and nickel mi...Published: 11 May 2021 at 09:02hrs | 6 | by Staff reporter
Revisiting the power situation
The Zimbabwe Electricity Supply Authority (ZESA) started receiving electricity imports totaling 400MW from Eskom of South Africa on the 9th of August 2019. The imports came as a relief to the Zi...Published: 26 Aug 2019 at 08:53hrs | 2 | by Victor Bhoroma
Power tariff hike gives Zesa headstart
Finance and Economic Development Minister Professor Mthuli Ncube last week announced an interim tariff framework meant to support Zesa's operations.But will the new tariff(s) address the cripp...Published: 04 Aug 2019 at 10:06hrs | | by Staff reporter
Green Machine primed for tough Platinum smelters
Caps United coach Lloyd Chitembwe is expecting a tough, but entertaining match when his side meets with champions FC Platinum in tomorrow's Castle Lager Premier Soccer League match at Mandava Stadium....Published: 02 Aug 2019 at 08:00hrs | | by Staff reporter
Zimbabweans to pay 173% more for energy
Zimbabweans will soon pay substantially more in electricity tariffs as the southern African country continues to seek ways of alleviating its crippling power shortages.Finance Minister Mthuli ...Published: 01 Aug 2019 at 20:55hrs | | by Staff reporter
Mthuli Ncube raises electricity tariff
Zimbabwe government has introduced new power tariffs aimed at capacitating ZESA to mobilize requisite resources through appropriate and cost recovery tariffs implemented through a differentiated scale...Published: 01 Aug 2019 at 15:03hrs | | by Staff reporter
RBZ liberalises fuel imports
Foreign currency-starved Zimbabwe has liberalised fuel imports by allowing authorised dealers to pay directly to foreign fuel suppliers upon exchange control approval in a move meant to ease pre...Published: 29 Jul 2019 at 14:46hrs | | by Staff reporter
US$ payments for chrome miners
CHROME miners will, with immediate effect, get US Dollar payment for their deliveries following Reserve Bank of Zimbabwe's (RBZ) refining of Statutory Instrument (SI) 142 of 2019. The announce...Published: 25 Jul 2019 at 07:46hrs | | by Staff reporter
Chrome smelters sued over US$7 million ore
Chrome mining and smelting company, Afrochine Smelting, has been taken to the High Court by NR Barber (Private) Ltd, for allegedly unlawfully removing its chrome ore worth US$7 million.Afrochi...Published: 03 Jul 2019 at 08:48hrs | | by Staff reporter
Smuggling: the new corruption frontier in Zimbabwe
As the Zimbabwean economy rapidly slides into hyperinflation induced recession, the levels of smuggling at the country's border posts has reached alarming levels. Cross border traders, foreign nationa...Published: 24 Jun 2019 at 20:27hrs | | by Victor Bhoroma
Anglo American Platinum believes in Mnangagwa's vision
MULTINATIONAL mining group, Anglo American Platinum, has pledged continued support for Zimbabwe's economic development in partnership with Government as it believes in President Mnangagwa's vision of ...Published: 17 May 2019 at 06:19hrs | | by Staff reporter
Predatory buyers capture Zimbabwe's chrome market
ZIMBABWE'S chrome market is dominated by predatory buyers who have formed domestic cartels which purchase chrome at an average price valued at 15% of export sales prices, NewsDay reported.Acco...Published: 01 Apr 2019 at 06:40hrs | 1 | by Staff reporter
Zimbabwe new dumping ground for second hand Chinese chrome smelters
Zimbabwe has become a target for Chinese companies that are looking at dumping second-hand chrome smelters following the promulgation of an environmental law prohibiting use of heavy environmentally u...Published: 14 Feb 2019 at 08:10hrs | | by Business Times
Zimbabwe parly protests suspension of platinum tax
Lawmakers are not happy with Finance minister Mthuli Ncube's move to suspend a 15 percent tax on raw platinum exports until January 2022 to give the mining firms time to set up smelters ad refineries....Published: 03 Jan 2019 at 09:27hrs | | by Staff reporter
Zimbabwe to set up battery manufacturing factories
Minister July Moyo says Zimbabwe is going to set up battery manufacturing factories in the Midlands Province as part of lithium beneficiation efforts, ...Published: 20 Nov 2018 at 16:14hrs | | by Staff reporter
Mutsvangwa's Post Cabinet media briefing - Full statement
The Minister of Information, Publicity and Broadcasting Services Monica Mutsvangwa addressed a Post Cabinet media briefing in the Cabinet room at Munhumutapa Building today.Mutsvangwa highligh...Published: 20 Nov 2018 at 15:55hrs | | by Staff reporter
Zimbabwe's $4,2bn platinum deal in limbo
DODGY investment firm Karo Resources, which was controversially allocated vast platinum claims previously held by Zimplats ostensibly to set up a US$4,2 billion plant - a figure which it later disowne...Published: 03 Nov 2018 at 12:58hrs | | by Staff reporter
Govt working on new energy plan
GOVERNMENT intends to adopt an energy mix-based tariff structure as opposed to the prevailing commodity-based tariff for mining companies to ensure production efficiency, Energy and Power Development ...Published: 14 Oct 2018 at 09:54hrs | | by Staff reporter
SA firm to construct Unki smelter
A SOUTH Africa-based foundry and engineering company, Thos Begbie has won a tender to construct a smelter for Unki, one of the platinum mines in Zimbabwe.Following the awarding of the tender l...Published: 24 Jan 2018 at 05:30hrs | | by Staff reporter
Wrangling chrome miners seek Mugabe intervention
WRANGLING over chrome mining claims by artisanal miners in the Midlands Province is continuing unabated, with the Zimbabwe Small Miners Confederation (ZSMC) now threatening to appeal to President Robe...Published: 09 Aug 2017 at 12:47hrs | | by Staff reporter
Battle lines drawn over Zimbabwe chrome claims
ON Saturday July 1, 2017 the Zimbabwe Mining and Smelting Company (Zimasco), the country's biggest ferrochrome producer, will officially surrender 22 700 hectares of chrome-rich claims to Government, ...Published: 25 Jun 2017 at 12:04hrs | | by Staff reporter
Farmers expect Chinamasa to scrap the tobacco levy
Zimbabwe Commercial Farmers' Union president Wonder Chabikwa said they expected Chinamasa to scrap the 1,5% tobacco levy, which he said was suffocating farmers.He said the budget must support ...Published: 20 Nov 2016 at 12:46hrs | | by Staff reporter
Botswana stops importing power from Zimbabwe
BOTSWANA Power Company has put on hold talks for power imports from Zimbabwe following the closure of two major smelters in the western neighbouring country. BPC wrote to Zesa Holdings yesterday a...Published: 04 Nov 2016 at 05:39hrs | | by Staff reporter
Cabinet approves raft of incentives towards value addition of gold
THE MINISTER OF MINES AND MINING DEVELOPMENT Walter Chidhakwa has said Zimbabwe cabinet has approved a raft of incentives that are targeted towards value addition of local gold and diamonds into finis...Published: 01 Nov 2015 at 07:45hrs | | by Stephen Jakes
Urban decay grips Harare
On Harare's hardscrabble streets, college graduates compete with peasants scratching out a living selling anything from mobile phone cards to herbal sex tonics, a measure of the decline of Zimbabwe's ...Published: 03 Apr 2014 at 10:31hrs | | by Reuters
Malema, Zuma fail to give clear-cut policies
Even though their surnames both end with the letters 'ma' and even if they carry the letter 'm' found in the word 'environment, Malema and Zuma are worlds apart and bitter political rivals who s...Published: 31 Mar 2014 at 12:36hrs | | by Maxwell Teedzai in Gauteng SA Recently
The Zimbabwe we want - Focusing on the important things
Chapter Four In the Zimbabwe we want, all citizens must openly debate all issues so that we may come up with better and smarter solutions. Iron shar...Published: 02 Feb 2014 at 06:48hrs | | by Vince Musewe & Elton Mangoma
Zimbabwe has bigger platinum reserves than Russia, requires $5bn
ZIMBABWE has far bigger platinum reserves than Russia and the capital-intensive mining sector requires $5,3 billion and predictable policies to stimulate platinum output, the Chamber of Mines of Zimb...Published: 22 Oct 2013 at 05:42hrs | | by Staff reporter
Zimbabwe to announce reduced mining fees
Government is expected to announce reduced mining fees and levies this month, The Sunday Mail Business has established. Negotiations between Government, the Zimbabwe Chamber of Mines and the Zimbabwe ...Published: 03 Mar 2013 at 06:21hrs | | by Staff reporter
Zimasco to increase production by 2012
Zimbabwe Mining and Smelting (Zimasco), a Unit of Sinosteel Corp will increase its ferrochrome output by more than a quarter by 2012 following the repair and upgrade of one of its six furnaces, an off...Published: 26 Jul 2011 at 04:49hrs | | by Moyo Roy
15% export duty for Zimbabwe chrome
It is reported that Zimbabwe's government has planned to increase the export duty of chrome to 15% to build the internal refinery capacity. It is known that Zimbabwe and South Africa owns a...Published: 25 Apr 2011 at 09:45hrs | | by Ndou Paul
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