BUSINESS NEWS

Tax breaks for renewable energy investors as govt launches new policy

Government has dangled a carrot to potential investors in the renewable energy sector by giving tax breaks as well as awarding national project status for such ventures.This is contained in the new en...

By Staff reporter | Published: 19 March 2020

BUSINESS NEWS

Energy ministry secretary grilled over Zesa rebundling, tariffs

MINISTRY of Energy secretary Gloria Magombo was yesterday grilled by Parliament over issues of rebundling of Zesa with MPs questioning why an institution that was recently unbundled was now being rebu...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Energy Perm sec under ZACC probe

The Zimbabwe Anti-Corruption Commission (Zacc) is probing Gloria Magombo, the permanent secretary of the Ministry of Energy and Power Development on allegations that she has been drawing a salary fr...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Chasi turns to renewable energy

Energy minister Fortune Chasi has called on players in the private sector to collaborate with the government and invest in renewable energy to offset the power deficit in the country.Chasi's calls cam...

By Staff reporter | Published: 04 July 2019

INDUSTRIALS & ENERGY

Chivhayo in fresh energy scandal

Controversial businessman Wicknell Chivhayo is in the eye of a storm as it emerged this week he could have misled the Zimbabwe Power Company (ZPC) into making payments for earthmoving equipment worth ...

By Staff reporter | Published: 14 June 2019

INDUSTRIALS & ENERGY

Zimbabwe makes huge saving on energy

Zimbabwe's energy import bill has dropped to about $1,2 million monthly from at least $48 million as efforts to invest in local electricity generation to underpin the envisaged economic growth begin t...

By Staff reporter | Published: 30 December 2018

MINING & RETAIL

Puma Energy partners Chicken Hut

FAST food outlet, Chicken Hut has entered into a partnership deal with Puma Energy that will see the food outlet open outlets at every Puma service station across the country. The deal will see more t...

By Staff reporter | Published: 05 December 2018

INDUSTRIALS & ENERGY

Chinese firms tighten grip on energy sector

INCREASINGLY, Chinese companies are eyeing Zimbabwe's opportunity-packed energy sector with great interest, and those that have been able to get tenders have remarkably excelled.In 2015, for instance,...

By Staff reporter | Published: 20 July 2018

AFRICA BUSINESS

Comesa plans to set up regional energy regulator

THE Common Market for Eastern and Southern Africa (Comesa) plans to establish a regional energy regulatory authority to enhance sustainable energy investment and development.Comesa is a regional group...

By Staff reporter | Published: 16 July 2018

INDUSTRIALS & ENERGY

Zonful Energy embarks on rural electrification programme

A PRIVATE solar power-generating firm, Zonful Energy, has embarked on a rural electrification programme through installing solar power at households on easy payment terms to augment government efforts...

By Staff reporter | Published: 09 July 2018

INDUSTRIALS & ENERGY

Zimbabwe calls for energy self-sufficiency

Zimbabwe has called for cooperation in the generation of energy and power to ensure the region is self-sufficient and reduces dependency on the outside world. Energy and Power Development Minister Amb...

By Staff reporter | Published: 23 June 2018

INDUSTRIALS & ENERGY

Invest in Zim energy sector, Khaya Moyo

Th e Minister has also urged regional power utilities to collaborate and complement each other in power generation and minimise dependence on the outside world.He said energy plays a pivotal role henc...

By Staff reporter | Published: 22 June 2018

INDUSTRIALS & ENERGY

Zim woman signs a R13 million energy deal

A South African based women's investment Initiative Black Women in Business Forum (BWBF) has agreed to sign an investment deal with Zimbabwe's Leading Business Women's Association (LBWA). The investme...

By Staff reporter | Published: 13 June 2018

OPINION

Why foreign investment is no easy fix for Africa's energy needs

Foreign investment in sub-Saharan Africa's power sector has reached a record-high. Spurred on by the United Nations' goal to ensure modern energy access for all by 2030, international donors have focu...

By Philipp Trotter & Sabah Abdullah | Published: 04 June 2018

BUSINESS NEWS

India to fund Zim's energy infrastructure projects

INDIA has pledged its commitment to financing Zimbabwe's energy infrastructure rehabilitation projects, which will see the country accessing millions of dollars from the Asian partner for power genera...

By Staff reporter | Published: 29 May 2018

BUSINESS NEWS

Zimbabwe energy sector gets $1.5bn boost

Government says it has $1.5bn worth of energy projects in the pipeline with huge investments expected from foreign investors in the short term, a government official has said. Zimbabwe has been on a s...

By Staff reporter | Published: 20 April 2018

INDUSTRIALS & ENERGY

Zim puts wind energy plan on hold

ZIMBABWE has put on hold plans to undertake a wind resource measurement exercise on three sites with highest energy potential, as the price bids received from companies that tendered to carry out the ...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Econet gets licence to generate solar energy

Econet Wireless Zimbabwe (Econet) has been given a licence to generate power to meet the electricity and energy needs at its Willowvale premises in Harare. The Willowvale complex is a major hub for Ec...

By Staff reporter | Published: 17 April 2018

BUSINESS NEWS

Energy council shoots down Zesa reforms

The Zimbabwe Energy Council has said Cabinet should focus on privatising entities, strengthening corporate governance structures and employing more competent people on the board instead of creating on...

By Staff reporter | Published: 16 April 2018

INDUSTRIALS & ENERGY

Spain eyes Zimbabwe energy sector

Spain is exploring investment opportunities in Zimbabwe's energy sector as relations between the two countries grow stronger.Zimbabwe-Spain relations are being reinforced following the coming into pow...

By Staff reporter | Published: 11 April 2018

POLITICS

'Direct energy to turn around economy'

ZIMBABWEANS have been called to direct all their energies towards economic development in order to complement Government efforts to turn around the economy.Delivering his keynote address during the Ma...

By Staff reporter | Published: 22 March 2018

BUSINESS NEWS

AfDB strikes deal for Africa solar energy

THE African Development Bank (AfDB) has struck a partnership deal with International Solar Alliance (ISA) to scale up solar energy development in Africa.The agreement was sealed on the margins of the ...

By Staff reporter | Published: 15 March 2018

BUSINESS NEWS

Zim fails to capture $3bn energy FDI

Zimbabwe failed to attract foreign direct investment into its energy sector between 2016 and 2017, despite its regional peers attracting US$3 billion during the same period, the Zimbabwe Energy Counci...

By Staff reporter | Published: 08 February 2018

TELECOMS & TECHNOLOGY

Econet ventures into solar energy

Econet Wireless Zimbabwe (Econet) is set to become one of the first companies in Zimbabwe to set up a photovoltaic power plant at its premises in Willowvale for own consumption. The Zimbabwe Energy Re...

By Staff reporter | Published: 09 January 2018

JOBS

VACANCY: General Manager - Africapaciti Energy Corporation

1. Objectives of the Job: The board of directors of Africapaciti Holdings (the "Board ") has adopted a position description for the General Manager of Africapaciti Energy Corporation (the Company). Th...

By Africapaciti | Published: 11 December 2017
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