ZESCO

  • 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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