Search results for 'Energy Crisis'
Zimbabwe
Water Levels at Critical Point: Kariba Dam on ‘Brink of Collapse’, Leave Millions in Darkness
imbabwe is teetering on the precipice of a catastrophic power crisis, with the situation at the Kariba Dam reaching a terrifying nadir. As of August 19th, 2024, water levels have plummeted to a criti
Aug 19, 2024
Companies
Dual Challenge, Single Solution: Old Mutual Launches US$100 Million Renewable Energy Fund
As Zimbabwe grapples with an ongoing energy crisis, Old Mutual Zimbabwe has announced the launch of a US$100 million private equity fund aimed at renewable energy investments. With the country strivi
Sep 24, 2024
World
Drought Threatens Regional Power Supply: What Lake Cahora Bassa's Water Level Erosion Means for Zimbabwe
Zimbabwe's struggles with power challenges have extended beyond its borders, affecting one of its key electricity import sources. The Cahora Bassa dam in Mozambique's Tete province has reached a crit
Dec 17, 2024
Zimbabwe
South Africa’s 2025 Budget: A Fragile Lifeline for Zimbabwe’s Ailing Economy?
For Zimbabwean businesses and policymakers, this figure raises a pressing question: is it enough to pull South Africa—and the region—out of its economic quagmire? As Zimbabwe’s largest trading partner
Mar 13, 2025
Top Stories
AI Boom Hits Reality Check:Microsoft Shares Tank Circa $400 Billion in Record Two-Day Rout
Microsoft, the world's largest software company by market capitalization and a cornerstone of the artificial intelligence revolution, has seen a record-breaking sell-off in its shares following its la
17 hours agoImplats Profits Poised for 5-Fold Surge in H1 26 as PGM Prices Soar, Zimbabwe Operations Deliver Strong Growth
Impala Platinum Holdings Limited (Implats), Zimplats' parent company is set to report a dramatic earnings transformation for the six months ended 31 December 2025, with headline earnings expected to r
17 hours agoAFDIS Delivers Explosive Q3: Festive Demand, Anti-Illicit Crackdown Fuels 64% Volume Surge, 62% Revenue Jump
AFDIS, the Zimbabwean producer of spirits, wines, and ready-to-drink (RTD) beverages, reported robust third-quarter performance amid a stabilizing economic backdrop, with volumes surging 64% year-over
1 day ago
