Search results for 'ESKOM'
World
Biden talks green energy as Eskom CEO quits amidst blackouts surge

Biden also said the money would be spent helping "develop cutting-edge energy solutions like clean hydrogen, a deal worth $2 billion to build solar energy projects in Angola, $600 million high-speed c

Dec 16, 2022
World
SA Treasury Makes Strides to Address Electricity Crisis

The South African National Treasury's recent projection of an increase in economic growth has sparked optimism among the country's economists. This is a good sign for Zimbabwe because South Africa is

Feb 23, 2023
World
Mr Price Posts 6% Fall in Annual Profit Amidst Inflationary Pressure and Power Cuts

The Organisation of Petroleum Exporting Countries (OPEC) insists that the use of fossil fuels is the best option to address the forecast of a 13% increase in demand, despite the fact that they have po

Jun 22, 2023
South Africa
Surreal Incompetence: Rand Commits to Losses

The South African rand has taken a hit, depreciating by 2% week on week to trade at 18.8 against the US dollar. The country's power deficits have been the main driver behind the currency's poor perfo

Jul 07, 2023
South Africa
Rand Slumps Amid Power Cuts, Controversial Foreign Policies

The South African rand has undergone a substantial decline, breaking the 19 mark and reaching its lowest level in almost three months, at US$19.2. This decline in the South African rand occurs concurr

Sep 06, 2023

Top Stories

The Turnaround That Isn't: ZECO's Profit Rests on Income Auditors Flagged Misstated

ZECO Holdings Limited's FY2025 financial statements has presented a company in transition,  from loss to profit, from contraction to modest revenue growth, from strategic uncertainty to a new directio

1 day ago

Revenue Up 75%, Cash Down 99%: Unifreight's FY2025 Results and Working Capital Crisis

Unifreight Africa Limited, the Zimbabwe Stock Exchange-listed road transport and logistics group formerly known as Pioneer Corporation Africa which operates a fleet-intensive road transport business

1 day ago

Wheat Triples, Maize Doubles: Cereal Imports Bill Surges as Food Dependency Deepens

Zimbabwe's cereal imports rose sharply in February 2026, according to the latest data from ZimStat. Maize imports surged 48.3% to US$44.93 million from US$30.28 million in January, while wheat imports

Apr 01, 2026

February Trade Snapshot: 5 Straight Surpluses, Imports Triple, 80% of Earnings Flow to Two Countries at War

Zimbabwe's merchandise trade recorded a surplus of US$46.5 million in February 2026, according to the latest trade data, marking the fifth straight surplus, the best performance in Zimbabwe’s trade.

Apr 01, 2026

Import Surge Compresses Trade Surplus, Exposing Demand Recovery Pressures

The latest trade movements signal an economy that is gaining momentum on the demand side while remaining structurally dependent on external supply. The key variable now shifts to whether Zimbabwe can

Mar 31, 2026

Zimbabwe’s Pension Growth Story Masks a State Default Crisis

Every month, an employer in Zimbabwe's formal sector is legally required to deduct a pension contribution from each employee's salary and remit both that deduction and the employer's matching portion

Mar 31, 2026

Trading Diamonds for Gold: RioZim’s New Survival Strategy

RioZim’s latest restructuring plan shows where management believes the group’s last realistic recovery path now sits. By giving up its stake in Murowa Diamonds to ease debt pressure and redirecting at

Mar 31, 2026

Reinsurance Beyond Borders Sustains Bank Earnings as Botswana Slows

The dividend flows point to a deeper structural reality within Zimbabwe’s financial sector, where resilience is increasingly sourced beyond national borders. The next phase will be shaped by how effec

Mar 31, 2026