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Chiwenga in bid to de-escalate Zanu-PF's factional tensions

VICE-PRESIDENT Constantino Chiwenga has moved to de-escalate tension by appearing to support President Emmerson Mnangagwa's 2023 re-election bid, as well as a potential stay in power beyond the constitutional 10 years, a familiar script in Zanu-PF. On the ground, however, Chiwenga's allies are engaged in a war of attrition with Mnangagwa's backers as seen by… ....

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Biggest China Bank Abandons $3 Billion Zimbabwe Coal Plant

Biggest China Bank Abandons $3 Billion Zimbabwe Coal Plant
A crane unloads the first shipment of anthracite coal from U.S. supplier XCoal Energy & Resources LLC
(Bloomberg) China’s biggest bank dumped a plan to finance a $3 billion coal-fired power plant in Zimbabwe, dealing a blow to coal developers in Africa that see China as the last potential funder of their projects.
Industrial and Commercial Bank of China Ltd. (ICBC) told Go Clean ICBC, an ad hoc body representing 32 environmental groups, that it won’t fund the 2,800-megawatt Sengwa coal project in northern Zimbabwe, according to a June 18 email seen by Bloomberg. The message was sent to 350.org, one of the Go Clean groups. ICBC didn’t immediately respond to a request for comment. ....

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China's biggest bank walks away from $3bn Zimbabwe coal plan

China's biggest bank walks away from $3bn Zimbabwe coal plan
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Biggest Chinese bank ditches R43bn Zim coal power plant

Biggest Chinese bank ditches R43bn Zim coal power plant
news24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news24.com Daily Mail and Mail on Sunday newspapers.

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Biggest China bank abandons $3bn Zimbabwe coal plan

Biggest China bank abandons $3bn Zimbabwe coal plan
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

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