Register now for Fin24 Dashboard and get access to portfolios, watchlists, financial comparison tools, and a whole lot more to help you achieve your financial goals.

Data provided by McGregor BFA
All data is delayed
Loading...
Where am I? Home
 
Prices are delayed by 15min.
Join the Fin24.com conversation about JSE-listed stock by using every time you tweet.

More darkness for Zimbabwe

Sep 30 2007 12:57

Related Articles

Zim whites: Prove it or lose it

BEE will not save Zim - Britain

Zim BEE bill: SA firms anxious

 

Top Stories

Cell C move sparks price war

May 27 2012 11:21

There's a price war raging between South Africa's cellphone networks after Cell C lowered the rates of its prepaid calls by more than 34%.

Tupperware agents incensed by fakes

May 27 2012 11:49

The country's 200 000-odd Tupperware agents are angry about the counterfeit products being sold as the real McCoy.

Another golf estate victim

May 27 2012 13:09

The oversupply of golf estates has claimed another victim.

 
Share Share line Print
Harare - Zimbabwe will experience more power cuts after Mozambique reduced supplies over unpaid debt, a state daily reported on Saturday.

"Mozambique has reduced electricity supplies to Zimbabwe from 300 megawatts to 195 megawatts over a staggering debt of US$35m ... " The Herald newspaper reported.

Zimbabwe imports 40% of its power needs: 100 megawatts a month from the Democratic Republic of Congo, 300 megawatts from Mozambique and up to 450 and 300 megawatts from South Africa and Zambia respectively.

Its once-model economy has been on a downturn for the past six years, characterised by galloping inflation and shortages of foreign currency and basic commodities.

Power supplies have become erratic with blackouts lasting more than 10 hours. Forests on the oustkirts of cities are at risk due to increasing demand for firewood.

 
 
Comment on this story
0 comments
Comments have been closed for this article.
Facebook's intrinsic value
May 23 2012 11:32

When it comes to judging a company’s worth, value investors like Warren Buffett look at intrinsic value. By that measure, Facebook’s shares are worth less than $10. A Reuters analyst breaks down the math. (Reuters)

Perfin

I arranged two workshops in Cape Town at the Cape Chamber of Commerce offices as well as two computer based workshops, one on Google Adwords and another on Joomla Administrator at the training centre in Somerset West. Emarketing Workshops - http://emarketingworkshops.co.za/next-workshops 1. Interne... Read their blog...

Recently updated
Podcasts
The Sishen saga

Legal expert Peter Leon on the increasingly complex legal wrangle over the Sishen Iron Ore mine. Time: 8:17 Listen Here...

Before you list

Is the clarion call of the JSE calling? Listen to Fin24’s expert panel discussion before you list your small business. Time: 17:29

Compare and Buy

Compare and apply for hundreds of financial products from many suppliers.

Credit cards Medical aid Current accounts Think Money

Money Clinic

Money Clinic Do you have a question about your finances? We'll get an expert opinion.
Click here...

Loading...