Tag: Power Cuts

Power demand falls 40pct as firms close

Power demand falls 40pct as firms close

Power demand falls 40pct as firms close: VICTORIA FALLS: Zimbabwe’s power demand has fallen by nearly 40 percent over the past decade, an official has said, the result of the decimation of industry over years of economic decline. In the past two years, the country has rolled out programmes to […]

‘Increased power cuts to affect economic growth’

‘Increased power cuts to affect economic growth’

ZAMBEZI River Authority (ZRA)’s intention to allocate reduced water supply to Zimbabwe due to declining water-levels in Kariba Dam will significantly affect the country’s future economic growth prospects, economic analysts have warned. Zimbabwe’s economy is predicted to grow by 2,7 percent next year by the International Monetary Fund up from 1,5 […]