The Zimbabwe Power Company (ZPC) sent out a total of 2029.88GWh of electricity against a target of 2124.59GWh in the third quarter of 2017, missing the production target for the quarter by 4.46 percent leading to resumption of load shedding in some parts of the country.
Zimbabwe war veterans could once again scuttle ZANU-PF’s G40 quest to elevate First Lady Grace Mugabe to vice-president.
Australian junior miner Prospect Resources said it has been granted national project status for its Arcadia Lithium project in Harare by the Zimbabwe government.
Zimbabwe’s largest platinum mine, Zimplats recorded a 0.8 percent decline in output while the second largest Mimosa in Zvishavane recorded a 3.9 percent increase in the first quarter ended 30 September 2017.
Econet Wireless reported a threefold increase in after tax profit to $48.9 million in the six months to August from $14.97 million recorded in the same period last year on increased revenue coupled with a marked decline in finance cost.