ZESCO
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Business Briefs
Tough period for Zimbabwe’s mining firms
MINING companies in Zimbabwe, including units of Impala Platinum and Anglo Platinum, are expecting no new external capitalisation as the industry battles power outages amid uncertainties with foreign currency. Zimbabwe holds the world’s second-largest reserves of platinum and chrome, while large deposits of lithium, diamond, coal and gold have attracted some investors. However, mining executives are expecting no new investment…
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Business Briefs
Zimbabwean mining firms expecting no new capital injection
MINING companies in Zimbabwe, including units of Impala Platinum and Anglo Platinum, are expecting no new external capitalisation as the industry battles power outages amid uncertainties with foreign currency. Zimbabwe holds the world’s second-largest reserves of platinum and chrome, while large deposits of lithium, diamond, coal and gold have attracted some investors. However, mining executives are expecting no new investment…
Read More » -
Africa & World
Hichilema fires Cabinet Secretary, dissolves 5 parastatal boards
ZAMBIAN President Hakainde Hichilema has, with immediate effect, dismissed the secretary to the cabinet Simon Miti and dissolved boards of ZESCO Limited, Zambia Railways, Indeni Petroleum Refinery Company, and ZAMTEL. According to the press statement issued to the media Tuesday evening by the Lusaka State House, Hichilema has since appointed the Deputy Secretary to the Cabinet for Administration Patrick Kangwa…
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