ZESA Holdings, the State-owned power utility is likely to plunge into a cash flow crisis as a result of declining revenue in light of subdued supply, analysts have warned. With Zimbabwe facing its worst power crisis in five years after ZESA was forced to reduce production at its Kariba hydroelectric plant due to low water…
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Zimbabwe shipped its first coal to China, exporting 20 000 tonnes as part of a trial run to a customer in the cement industry. The coal was transported via the Mozambican port of Beira, Linos Masimura, chairman of the Zimbabwe Coal Producers Association, said in an interview. “There are other orders which may come through,”…
Zimbabwe has allowed the export of 200,000 tonnes of excess power coal because of limited intake at its biggest coal-fired power plant, which is beset by frequent breakdowns, the coal producers association said on Friday.
Zimbabwe has allowed the export of 200,000 tonnes of excess power coal because of limited intake at its biggest coal-fired power plant, which is beset by frequent breakdowns, the coal producers association said on Friday.