Search results for 'solar energy'
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
Companies
Forex Surrender Rules Slash Proplastics’ Export Share to 4% in FY'24 , Profit More Than Doubles
Proplastics, a leading Zimbabwean plastic pipe manufacturer, reported a profitable FY2024, with profit after tax surging to USD1.2 million from USD520 thousand, according to its latest financial res
Apr 09, 2025
World
Operation Epic Fury and Price of Everything: How Hormuz Crisis Is Reshaping the World
Shortly after 1:15 a.m. Eastern Time on 28 February 2026, the United States Central Command initiated what it would later name Operation Epic Fury , a coordinated, large-scale joint offensive with Isr
Mar 06, 2026
World
Escaping Oil Trap: Buy Zimbabwe Urges Domestic Supply Chains Amid $200 Barrel Threat
Buy Zimbabwe, an advocate for promoting local production and reducing reliance on imports, says Zimbabwe should deepen its domestic fuel supply chains to shield the economy from global volatility. Th
Mar 12, 2026
Companies
Turnall Commissions New Fibre-Cement Plant, Swings to Positive Operating Cash Flow
Turnall Holdings Limited has commissioned a new fibre-cement sheeting plant in Harare, successfully bringing the facility into commercial operation on 15 March 2026, in what the company describes as a
May 17, 2026
Companies
RTG Targets a Fully Solar Powered Hotel Portfolio by FY2027 After Proving the Economics at Kadoma
Rainbow Tourism Group will place every hotel in its portfolio on solar power by the end of FY2027 after the 300KVA installation at Kadoma Hotel and Conference Centre supplied about 30% of the property
Aug 04, 2026
Top Stories
FBC Generates ZWG214 Million in Q3 Profit Before Tax, Retains Just ZWG10 Million as Tax Pressure Deepens
FBC Holdings has generated approximately ZWG214.5 million in profit before tax during the third quarter of 2026, but retained only ZWG9.8 million in profit after tax, according to Equity Axis calculat
4 hours agoBAT Loses 38 Million Cigarette Sales, 53% Profit Margin Conceals a Shrinking Revenue Base
British American Tobacco Zimbabwe has lost 38 million cigarette sales in the first nine months of 2026 as weaker consumer purchasing power continues eroding demand for its higher priced brands, exposi
4 hours agoAnother US$1 Billion Revenue Year Looms for Delta as Half Year Sales Rival its Strongest Pre-2019 Annual Performances
Delta Corporation is heading towards another US$1 billion revenue year after generating US$607.5 million during the six months ended 30 September 2026, an 18% increase from the corresponding period.
4 hours agoClinker Imports Surge 90% to US$48 Million as Dinson's US$15 Million Cement Plant Nears Commissioning
Zimbabwe's clinker imports surged 89.7% to US$48.24 million during the first eight months of 2026, exceeding the US$40.78 million spent throughout 2025, as the country prepares to commission another c
5 hours agoZimbabwe Clarifies Economic Mandates for Mthuli Ncube and Tagwirei Through New Statutory Instruments
The new economic development portfolio can be assessed through concrete administrative indicators. Competition case processing times, the publication of merger decisions and the consistency of regulat
15 hours agoTreasury Owes Road Contractors US$188 Million as New US$2 Million Contract Approval Rule Takes Effect
Treasury has also warned creditors against engaging third-party debt recovery consultants whose commissions it does not recognise. The directive places greater importance on formal verification and pa
15 hours agoBuilt with Billions, Left Uninsured: Africa's Unprotected Public Infrastructure Exposes Taxpayers to Mounting Disaster Liabilities
Zimbabwe's government is moving towards compulsory insurance for public assets after its insurance regulator established that most government buildings, schools and hospitals remain without adequate p
1 day agoCBZ Loans and Deposits Surge Over 50%: Profit Barely Moves as Nonfunded Income Dominates Earnings
CBZ Holdings, has recorded substantial balance sheet expansion during the first nine months of 2026, with loans and deposits increasing by more than 53%, although profit after tax advanced just 0.9% t
1 day ago
