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Zimbabwe

Zim to Become Regional Power Hub

By Tawanda Mangoma

Zimbabwe is set to become a regional hub for power distribution by 2021 following plans to start construction of a 1 000-kilometre power line next year in partnership with stakeholders from Mozambique and South Africa, an official has said. Zimbabwe Electricity Transmission and Distribution Company (ZETDC) systems development manager Engineer Ikhupuleng Dube said the establishment of the power line would result in the construction of a mega power station in Triangle, that would distribute power to the region. Addressing stakeholders, who included villagers, businesspeople and politicians at a consultative meeting in Mwenezi on Wednesday last week, Eng Dube said the power line would originate in Mozambique, pass through southern Zimbabwe and ends in South Africa's northern Limpopo Province.

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Gospel Couple Turns to Gold Mining

Celebrated gospel couple, Mathias and Mildred Madzvivanzira, of the now defunct but once popular, Mathias and Mildred Ministries, have ventured into gold mining after the mines ministry issued them with a licence to operate a mine in Mudzi. Records at the Mashonaland East commissioner of mines offices in Marondera show that the couple have been granted a licence to venture into mining in the gold rich Makaha area in Mudzi district.

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Zimbabwe: Rainbow Tourism Eyes Growth

Hospitality group Rainbow Tourism Group is set to implement a number of growth strategies after resolving most of the legacy issues that were weighing down the business. RTG chief executive Mr Tendai Madziwanyika, who took charge of the group four years ago, said over the period they had successfully reduced staff costs, centralised procurement for all their hotels, which has resulted in huge saving and growth of the business. "When we came in 2012 we had 1 143 employees and today we have 670 employees, we halved the number of employees including senior management, which has seen our pay roll come down from $13, 9 million to $10,7 million.

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Govt Seeks New South African Electricity Supply Deal

A POWER deal between Zimbabwe and South Africa could not sail through this week after it emerged that an inter-ministerial Memorandum of Understanding (MoU) that was meant to be signed on Monday had not been vetted by the Attorney-General (AG). The Financial Gazette can reveal that Energy and Power Development Minister, Samuel Undenge, was meant to seal the MoU in which Zimbabwe was to agree to purchase close to 600MW of excess power daily from Eskom, one of Africa's biggest power producers, for the next five to 10 years. The MoU was hurriedly put together over the weekend in Harare and was expected to be signed on Monday at Undenge's offices.

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