News

Permanent secretary in the Ministry of Energy and Power Development, Gloria Magombo has challenged stakeholders in the energy sector to make use of the country’s vast clean energy sources towards sustainably attaining the country’s development goals. Speaking at an opening cocktail of the International Renewable Energy Conference -organised by The Standard, one of three publications […]

The European Union has opened the door for local firms to access €150 billion (about US$162,55 billion) in funding opportunities from the bloc for power projects that could solve Zimbabwe’s energy crisis. EU’s top diplomat to Harare, Jobst von Kirchman, who spoke exclusively to the Zimbabwe Independent at the 5th International Renewable Energy Conference and […]

Impala Platinum (Implats) is delaying projects in Zimbabwe, including a base metal refinery and a 185MW solar plant, in response to falling platinum prices. In 2021, Impala’s Zimbabwe unit Zimplats announced a US$1.8 billion expansion plan, the single largest investment commitment into Zimbabwe in years. But Implats now has to delay some of the projects […]

Construction of Zimbabwe’s second petroleum pipeline, which its proponents say could transform the country into a regional fuel hub, is predicated on finalising agreements with neighbouring countries involved in the multi-billion-dollar plan, the deal maker told the Zimbabwe Independent this week. Over the past 13 years, implementation of the US$3 billion strategic project, which involves […]

THE Zimbabwe Energy Regulatory Authority (Zera) is crafting a framework that will dictate how electric vehicle (EV) charging ports are created and used in the country as government moves to promote e-mobility. The EV market is projected to reach US$623,3 billion globally by end of this year as countries increasingly move away from combustion engine […]

PLATINUM Group Metals (PGM) miner Zimplats Holdings has spent US$702,1 million during the half year ended December 31, 2023 towards major capital projects, including the development of Mupani Mine and Bimha Mine upgrade. In its half year report for the period ended December 31, 2023, the platinum miner said the Mupani and Bimha mine projects […]

UNKI Mine is embroiled in a nasty land dispute with the Shurugwi Town Council. Unki has approached the courts seeking recourse after the town council allegedly changed goalposts on the land that it had sold to the mine. Unki Mine cited Shurugwi council and Justice Ahmed Ebrahim as the respondents in the matter. According to […]

Weak metal prices have dragged Zimbabwe’s biggest platinum producer into a rare loss, reflecting the worsening pressure that miners are under. The company reported on Tuesday that it increased output by 9% and boosted sales by 10% to 320 196 ounces in the six months to December. But this was not enough to offset the […]

Listed miner, Bindura Nickel Corporation (BNC) recorded a subdued performance during the nine months to December 31 2023 following the decline in high-grade resource footprint and the low international commodity prices. The company’s poor performance was exacerbated by the prevailing economic headwinds and the depletion of high grade ore. In a trading update, BNC finance […]