BUSINESS NEWS

ZETDC vending system crashes

THE Zimbabwe Transmission Distribution Company (ZETDC) has directed consumers to revert to physical banking halls to purchase electricity tokens following technical glitches which have crippled its pr...

By Staff reporter | Published: 29 October 2019

BUSINESS NEWS

Chasi proposes 30-year sentence for Zesa vandals

Energy and Power Development Minister Fortune Chasi has proposed a 30-year mandatory prison sentence for vandalising ZESA infrastructure. This comes after the power utility has suffered losses amounti...

By Staff reporter | Published: 29 October 2019

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

Zesa announces more load shedding

ZIMBABWEANS should brace for worse load shedding following "severe supply constraints" being experienced at South African power utility Eskom. The national power utility advised consumers about the la...

By Staff reporter | Published: 18 October 2019

INDUSTRIALS & ENERGY

Why Zimbabwe quadrupled its electricity prices

Zimbabwe has increased the average electricity tariff by 320% to let the state power utility ramp up production and improve supplies at a time of daily rolling power cuts, the national energy regulato...

By Reuters | Published: 10 October 2019

BUSINESS NEWS

Zera, Zesa trigger price madness

PRICES of basic commodities, including fuel, and services continue to soar days after President Emmerson Mnangagwa threatened to introduce the Competition Act to impose deterrent penalties to combat w...

By Staff reporter | Published: 07 October 2019

INDUSTRIALS & ENERGY

Zesa to review power tariffs monthly

Zimbabwe Electricity Supply Authority (ZESA) holdings acting group chief executive officer, Engineer Patrick Chivaura says electricity tariffs will be now reviewed monthly at inter-bank market rates a...

By Staff reporter | Published: 05 October 2019

BUSINESS NEWS

Powerless Zesa blacklists debtors

ZESA Holdings has embarked on a nationwide blitz on defaulters and is blacklisting them so that they cannot open new accounts using different addresses. In an interview, ZESA spokesperson Mr Fullard G...

By Staff reporter | Published: 05 October 2019

BUSINESS NEWS

Zesa announces shock tariffs hike

HARD-PRESSED Zimbabweans will have to pay more for their power after Zesa Holdings hiked tariffs by a staggering 583 percent in a move set to trigger further rises in prices of goods and services in t...

By Staff reporter | Published: 05 October 2019

INDUSTRIALS & ENERGY

Another Zesa tariff hike looms

THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has applied to the Zimbabwe Energy Regulatory Authority (Zera) seeking another adjustment of electricity tariffs, saying the curr...

By Staff reporter | Published: 04 October 2019

OPINION

New Zesa board will have its work cut out

The tough talk by Energy and Power Development Minister Fortune Chasi to appoint a new Zimbabwe Electricity Supply Authority (ZESA) board is a noble idea because the country has been battling acute el...

By Beaven Dhliwayo | Published: 04 October 2019

BUSINESS NEWS

Prepaid electricity vending system up today

THE Zimbabwe Electricity Distribution Company (ZETDC)'s customers will from today be able to buy electricity tokens. This follows a short interruption of the system by the power utility for scheduled ...

By Staff reporter | Published: 04 October 2019

INDUSTRIALS & ENERGY

Power supply to improve long-term

Government is working on various policies to ensure sustainable electricity supply in the long-term after securing a deal from Mozambique's Hydroelectrica de Cahora Bassa (HCB) of Mozambique for the s...

By Staff reporter | Published: 01 October 2019

INDUSTRIALS & ENERGY

ZESA set to increase power exports to Namibia

State-run Zimbabwe Electricity Supply Authority (ZESA) senior officials are expected to meet with executives from Namibia's electricity company NamPower and finalise some on-going negotiations for the...

By Staff reporter | Published: 30 September 2019

BUSINESS NEWS

Mangoma nailed over Zesa tender scam

PROCUREMENT and Regulatory Authority of Zimbabwe (Praz) chief executive Nyasha Chizu yesterday said former Energy minister Elton Mangoma violated the Procurement Act by giving a South Korean company a...

By Staff reporter | Published: 12 July 2019

INDUSTRIALS & ENERGY

Power blackouts shatter Bulawayo firms

POWER outages are wrecking Bulawayo's businesses, amid fears that the debilitating electricity cuts may force the closure of some firms, captains of commerce and industry have warned.This comes as Zim...

By Staff reporter | Published: 11 July 2019

INDUSTRIALS & ENERGY

Zesa throws RBZ under the bus

ZIMBABWE'S power utility, Zesa Holdings says the Reserve Bank of Zimbabwe (RBZ) has not provided with foreign currency to import power since last October.This comes as the southern African country is ...

By Staff reporter | Published: 10 July 2019

INDUSTRIALS & ENERGY

RioZim, Zesa to ink power deal

RIOZIM says its US$1,5 billion investment into building a 2 800 megawatts thermal power station in Sengwa, Gokwe North, remains firmly on course with the company now moving to the next phase of prelim...

By Staff reporter | Published: 10 July 2019

BUSINESS NEWS

Zesa complicit in cable thefts: Residents

Zesa spokesperson Fullard Gwasira said vandalism of Zesa property was becoming more rampant, particularly in Bulawayo and blamed this on the economy and unemployed technicians."Zesa property is vandal...

By Staff reporter | Published: 04 July 2019

BUSINESS NEWS

Zesa to disconnect defaulting bigwigs

AS power shortages escalate with devastating effects on both domestic and industrial use, power utility Zesa Holdings (Zesa) has threatened to cut supplies to defaulting users including political heav...

By Staff reporter | Published: 02 July 2019

BUSINESS NEWS

Chasi posts R139 million proof of payment to Eskom on Twitter

Zimbabwe's energy minister Fortune Chasi was on Tuesday forced to put the proof of the country's US$10m (R139m) payment to Eskom on his twitter account, after earlier claims of having paid was refuted...

By Staff reporter | Published: 02 July 2019

INDUSTRIALS & ENERGY

Massive Zesa disconnections loom

POWER utility Zesa could soon embark on massive disconnections in an effort to recover over $1,2 billion owed to it by defaulting customers, most of whom are Cabinet ministers and top civil servants.E...

By Staff reporter | Published: 02 July 2019

INDUSTRIALS & ENERGY

Zesa insolvent

THE Zimbabwe Electricity Supply Authority (Zesa) is insolvent with its liabilities outstripping its assets by over US$92 million, a report by the Auditor General Mrs Mildred Chiri reveals. The report ...

By Staff reporter | Published: 01 July 2019

BUSINESS NEWS

Load shedding to intensify - ZESA

Power utility, Zesa Holdings, has announced that it will implement load shedding outside the official schedule following a breakdown at Hwange Power Station. "Due to a technical fault at Hwange Power ...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

Mangoma, Zesa bosses deny fraud charges

Former Energy minister Elton Mangoma on Thursday said charges that he unprocedurally awarded a $3 million contract to a South Korean firm have been fabricated, based on falsehoods and designed to hara...

By Staff reporter | Published: 29 April 2019
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