ZESA Holdings at the weekend announced the re-introduction of electricity load-shedding lasting a total of 10 hours daily as a result of breakdowns at Hwange and Kariba power stations. It also said it was not getting adequate electricity imports, mainly from South Africa’s power utility, Eskom, which is also experiencing shortages. “Zesa Holdings would like…
THE preliminary outcome of the foreign currency (forex) auction system and other supportive measures introduced by the Reserve Bank of Zimbabwe (RBZ) in June this year has been largely positive and inspiring, thus renewing many people’s belief and hope in the local economy. That said, Zimbabweans should remain mindful of the sobering reality that no…
