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Zesa faces sharp cashflow crisis as power challenges escalate

ZESA Holdings, the State-owned power utility is likely to plunge into a cash flow crisis as a result of declining revenue in light of subdued supply, analysts have warned. With Zimbabwe facing its worst power crisis in five years after ZESA was forced to reduce production at its Kariba hydroelectric plant due to low water…
Mashonaland East Zimbabwe General New South Wales Terence Jahwi Carlos Tadya Eddington Mazambani

Zimbabwe exports first coal to China, gets interest from Europe

Zimbabwe shipped its first coal to China, exporting 20 000 tonnes as part of a trial run to a customer in the cement industry. The coal was transported via the Mozambican port of Beira, Linos Masimura, chairman of the Zimbabwe Coal Producers Association, said in an interview. โ€œThere are other orders which may come through,โ€…
South Africa Zimbabwe General Zimbabwe Coal Producers Association Linos Masimura Covid Zero

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