Advertisements
Home » ‘Mining sector poised for resurgent H2’

‘Mining sector poised for resurgent H2’

0 comments

THE Chamber of Mines of Zimbabwe (CoMZ) is anticipating the mining industry to recover in the second half of 2023, on account of an expected improvement in the country’s power situation.
Zimbabwe has been experiencing severe power shortages due to insufficient local generation and the inability of state utility Zesa to import the deficit.
“Just like any other sector in the economy, in the first quarter of the year, the mining industry was not spared the power outages, so the electricity situation undermined the potential of the sector in the first quarter,” the chief executive of CoMZ, Isaac Kwesu, told a press briefing in Harare ahead of its annual general meeting to be held next week.

Advertisements

CoMZ chief executive officer, Isaac Kwesu

Subscribe to The Financial Gazette

This is premium content. Subscribe to read article.

Subscribe Today

Gain access to all articles. Subscribe Today.
Advertisements

Related Posts

Leave a Comment

Advertisements

The Financial Gazette It is southern Africa’s leading business and political newspaper well known for its in-depth and authoritative reportage anchored on providing timely, accurate, fair and balanced news.

Newsletters

Subscribe to The Financial Gazette newsletter for financial & business news worth reading. Let's stay updated!

©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More