Zimplats lends ZESA US$25 million
Zimplats lends ZESA US$25 million http://www.newzimbabwe.com 04/08/2012 00:00:00by Roman Moyo PLATINUM miner, Zimplats advanced a US$25 million loan to ZESA which the power utility used to reduce its indebtedness to Mozambique’s Hidroelectrica de Cahora Bassa, enabling the resumption of power imports. The Mozambican company had cut supplies to Zimbabwe after ZESA failed to reduce its mounting debt but …