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Oscar Nkala

Botswana not planning mine grabs, Minister confirms

19th August 2016 Botswana has assured that it is not contemplating nationalising mining operations or buying out private mining investors to ensure local ownership of the sector. Doing so would diminish the attractiveness of the mining sector to potential investors and lead to divestment by existing investors,... 

$5m equipment for Zim small-scale gold miners

24th June 2016 Chinese-made mining equipment worth $5-million is to be delivered to small-scale gold miners in Zimbabwe by the end of August as the first consignment of a much bigger deal that has been in abeyance since 2012, owing to failure by the Southern African country to guarantee a loan from the China... 

Graphite mine seeking $5.9m for plant upgrades, mechanisation and exploration

24th June 2016 Zimbabwe's sole graphite mine is seeking joint venture partners or capital lenders willing to $5.9-million to fund plant upgrades and the purchase of equipment to start underground mining, as well as exploration projects to increase the operation's resource base.   Lynx Graphite board member... 

Zim mining could witness significant growth in next four years – US body

15th April 2016 Zimbabwe's mining sector could achieve significant growth during the period 2016 to 2020, driven by increased platinum and diamond production, the US-based International Business Monitor (IBM) has said. But it hastens to add that political uncertainty, a challenging regulatory environment and... 

$294m package announced to rescue Kariba dam from possible collapse

6th March 2015 The World Bank, the European Union, the African Development Bank (AfDB) and the government of Sweden have agreed to provide Zimbabwe and Zambia with $294-million for the repair of structural deformations on the Kariba dam wall and avert the possible collapse of the giant hydropower station, which... 

Zimbabwe, IPP licensees at odds over stalled power projects

29th August 2014 President Robert Mugabe's government says it will soon instruct the Zimbabwe Energy Regulatory Authority (Zera) to cancel the licences of more than ten independent power producers (IPPs) whose power generation projects have failed to take off the ground – four years after they were licensed.... 

Zim engineering sector needs $14.5bn injection to be revived

8th August 2014 The Zimbabwe Economic Policy Analysis Research Unit (Zeparu) says the country's engineering and metals industry requires at least $14.5-billion to get back on track and start to meaningfully contribute to the economy. Zeparu surveyed 94 companies to gauge their operational status and readiness to... 

Rehab of 800 km Plumtree to Mutare highway advancing after funding delay

1st August 2014 South African construction company Group Five says work on the rehabilitation of the 800 km stretch of the Plumtree–Mutare highway, in Zimbabwe, should be completed by the end of this year. Giving evidence before the Parliamentary Porfolio Committee on Transport and Infrastructure Development,... 

Zambia issues urgent plea for help on Kariba dam wall rehabilitation

9th May 2014 The Zambia government has issued an urgent appeal to the World Bank, the European Union (EU), the African Development Bank (AfDB) and other international financiers to provide funding for the rehabilitation of the Kariba dam wall, following expert confirmation that it has developed serious... 

Chinese firm unveils Zimbabwe power station plan

6th December 2013 Chinese company Afrochine plans to build a power station that will generate up to 1 000 MW to bridge the power deficit affecting the operations of its chrome smelting plant in Sealous, about 50 km from Harare, Zimbabwe's capital. 

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