Search results for 'energy'
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
Bikita Minerals Scales Back Operations: Wake-Up Call for Government to Rethink Lithium Policies
Bikita Minerals has made the strategic decision to reduce its contractor base as it scales back output in response to challenging lithium market conditions. The DMS plant is set to be shut down in Oct
Oct 08, 2024
Companies
Simbisa Brands Energy Costs More Than Double in Q1, But New Store Openings Cushion the Blow
Simbisa Brands, the leading quick-service restaurant (QSR) operator in Zimbabwe, reported a significant rise in energy expenditures, which more than doubled year-over-year (YoY) in Q1 FY2025. This up
Nov 25, 2024
Top Stories
Zimbabwe's Inflation Soars in April, Both M-o-M, Year-on-Year: A Comparative Analysis with SADC Neighbours
Zimbabwe’s 2025 April inflation increased both in USD and ZiG terms, with ZiG annual inflation skyrocketing according to the lates data from Zimstat. The Zimbabwe Gold (ZiG) launched in April 2024, r
Apr 25, 2025Zimbabwe Courts Western Creditors for $2.6 Billion Bridge Financing, But Policy Gaps Stall Progress
Zimbabwe is pursuing $2.6 billion in bridge financing to clear $6.7 billion in arrears, a critical component of its $21 billion public debt, equivalent to 96.6% of its 2023 GDP (World Bank, 2024). Fi
Apr 25, 2025