Massive load shedding looms as Zesa fails to settle Eskom debt

Massive load shedding looms as Zesa fails to settle Eskom debt May 23, 2017 Headlines, Top Stories Engineer Josh Chifamba Felex Share, Harare BureauZimbabwe might experience massive load shedding starting next week if Zesa Holdings fails to settle an outstanding power import bill of $43 million owed to Eskom of South Africa and Hydro Cahora Bassa (HCB) of …

Govt to build hydro power stations

Govt to build hydro power stations May 22, 2017 Local News President Mugabe From George Maponga in MasvingoTHE Government is working flat out to ensure the country produces enough power to meet domestic demand with 17 mini-hydro power stations earmarked for dams throughout the country. President Mugabe last week said besides installing a mini-hydro power station …

China funded Kariba project 85 percent complete

China funded Kariba project 85 percent complete Top Stories May 16, 2017By Own Correspondent The first 150 megawatt unit was expected to come on stream in December and the second by the first quarter of 2018. ZIMBABWE is on course to complete the Kariba South Expansion Project by December, which is being built by China’s Sinohydro, an …

South African bank concludes $120 million package for Zesa

South African bank concludes $120 million package for Zesa May 16, 2017 Headlines, Top Stories Prosper Ndlovu, Business EditorSTANDARD Bank Group says it has finalised a $120 million debt package with the Zimbabwe Power Company (ZPC) for the rehabilitation of existing power generation infrastructure at Kariba South Hydro and Hwange Thermal Power Stations. The deal is set to …

Kariba power generation depressed

Kariba power generation depressed By ZimSitRep_M | May 14, 2017 0 Comment Source: Kariba power generation depressed – Sunday News May 14, 2017 Dickson Mangena, Business ReporterPOWER generation at the Kariba hydro-power station has remained depressed with the facility generating at just 50 percent of the installed capacity as the dam did not receive much water inflow from the just ended rainy …

Zesa engages Treasury over $43m Eskom debt

Zesa engages Treasury over $43m Eskom debt May 12, 2017 Business Oliver Kazunga, Senior ReporterZESA has engaged Treasury to mobilise resources to clear electricity import arrears to South Africa’s power utility, Eskom, a senior Government official has said. Eskom has given Zesa Holdings up to the end of the month to clear its $43 million power import …

Lights out: Poor governance and Africa’s energy crisis

Lights out: Poor governance and Africa’s energy crisis May 11, 2017 Features, Opinion & Analysis Max Bankole Jarrett CorrespondentAfrica is rich in resources and opportunities. In so many fields, however, the continent is yet to hit its stride, often because there is not enough political will to manage resources better and create necessary incentives. Africa’s energy crisis …