BUSINESS NEWS

Dutch firm blocked from purchasing Astra Industries parent company

A REGIONAL regulatory body has blocked Dutch paint and coatings firm, AkzoNobel N, from acquiring a stake in the Mauritian and South African subsidiaries of Japanese chemical firm, Kansai Paint Co Ltd...

By Staff reporter | Published: 12 September 2023

BUSINESS NEWS

Chasi proposes 30-year sentence for Zesa vandals

Energy and Power Development Minister Fortune Chasi has proposed a 30-year mandatory prison sentence for vandalising ZESA infrastructure. This comes after the power utility has suffered losses amounti...

By Staff reporter | Published: 29 October 2019

BUSINESS NEWS

Chasi flies to SA to finalise a power import deal with Eskom

Energy and Power Development Minister Fortune Chasi is in South Africa to finalise a power import deal with Eskom as the Government moves to reduce power shortages. Minister Chasi's trip to South Afri...

By Staff reporter | Published: 10 July 2019

BUSINESS NEWS

Chasi pushes for duty free solar equipment imports

ENERGY and Power Development Minister, Advocate Fortune Chasi, says modalities are being put in place to ensure solar products are imported duty free to increase investment in renewable energy across ...

By Staff reporter | Published: 09 July 2019

BUSINESS NEWS

Chasi turns to renewable energy

Energy minister Fortune Chasi has called on players in the private sector to collaborate with the government and invest in renewable energy to offset the power deficit in the country.Chasi's calls cam...

By Staff reporter | Published: 04 July 2019

BUSINESS NEWS

Chasi posts R139 million proof of payment to Eskom on Twitter

Zimbabwe's energy minister Fortune Chasi was on Tuesday forced to put the proof of the country's US$10m (R139m) payment to Eskom on his twitter account, after earlier claims of having paid was refuted...

By Staff reporter | Published: 02 July 2019

BUSINESS NEWS

Chasi blames Ncube, Mangudya over Eskom gaffe

ENERGY minister Fortune Chasi has publicly apologised for the embarrassment he caused after the government misinformed the public that the State had paid a US$10 million to settle a debt with a South ...

By Staff reporter | Published: 01 July 2019

POLITICS

Govt talks tough on Air Zimbabwe

GOVERNMENT says the time for parastatals such as Air Zimbabwe to be perennially carrying begging bowls seeking funds from Treasury when they have idle assets, is over.Deputy Minister of Transport and ...

By Staff reporter | Published: 30 September 2018
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