• Andrew
• SundayMail
• June 7, 2020
• 75 views

There’s power in unity

IT is always good to see one of us make great strides across borders.

Thus, we would like to congratulate Zimbabwe-born Munyaradzi Chanetsa for being appointed the new Artiste and Repertoire (A&R) manager at Sony/ATV Music Publishing South Africa.

• Andrew
• SundayMail
• June 7, 2020
• 86 views

Waiting isn’t wasted time

The world is waiting and it is not comfortable. The blame game when played at an industrial scale, retards progress, dulls vision and disempowers the gullible.

Someone seems to have suggested and sold wholesale to humanity the idea that waiting is bad and that everything in life should happen in an instance. Life by its nature is not a drive -in restaurant; things take time.

• Andrew
• SundayMail
• June 7, 2020
• 60 views

Maids at times hit back the painful way

I was basking in the sun while reading a newspaper on an odd midweek off-day when a loud rattling sound of a self-styled suburban photographer’s motorbike disturbed me.

I took less time than it takes to blink to open the gate as I wanted the bloke gone in a jiffy so I could get back to reading my paper.

• Andrew
• SundayMail
• June 7, 2020
• 74 views

Decision-making in a volatile environment

Corporate decision-making in a volatile environment has resulted in directors having to execute their duties with the threat of liability over their heads.

• Andrew
• SundayMail
• June 7, 2020
• 53 views

BUZ ready to embrace new era

THE Basketball Union of Zimbabwe (BUZ) are ready to embrace the spectacle that is three-on-three basketball, as a means of moving up the global ladder in terms of appeal and success.

• Andrew
• SundayMail
• June 7, 2020
• 46 views

Japan supports coronavirus fight

THE Japanese International Cooperation Agency (JICA) has joined hands with the Ministry of Health and Child Care to fight the deadly coronavirus.

The agency is offering technical cooperation in the health sector under JICA’s Quality Improvement in the Health Sector Programme.

• Andrew
• SundayMail
• June 7, 2020
• 63 views

How to help financially struggling parents

Watching your parents age can be a scary prospect, especially as they approach the point when they need more help from you.

If your parent has no money or money troubles, they may come to you for financial help.

• Andrew
• SundayMail
• June 7, 2020
• 84 views

Stanbic distributes PPEs

Stanbic Bank has distributed US$200 000 worth of personal protective equipment (PPEs) to six major referral health institutions around the country over the past week.

• Andrew
• SundayMail
• June 7, 2020
• 59 views

Coal production drops 42pc

Business Reporter
Local coal output dropped 42 percent during the first five months of the year after foreign currency shortages to import consumables and fuel shortages hit producers.
Coal mining operations are major consumers of fuel, especially diesel.
Most equipment and spares are also imported from Europe and Asia.
Coal Producers Association of Zimbabwe (CPAZ) chairperson Mr Raymond Mutokonyi said the decline in output would likely adversely affect local power generation as strategic stockpiles for thermal power stations have been progressively depleted.
About 90 percent of locally produced coal is used for power generation, especially at Hwange Power Station (HPS), while the tobacco sector and other industrial processes take up the remainder.
“The situation is tough. We are down 42 percent year-on-year. Our biggest challenge is erratic supplies of diesel, as well as foreign currency shortages to import spares,” said Mr Mutokonyi.
HPS — the country’s second largest power station, with installed capacity of about 730 megawatts (MW) — is reportedly left with reserves that last for less than 14 days, which are half the normal stockpile.
“It is not a healthy situation,” said Mr Mutokonyi.
Coal producers are already seeking a 25 percent increase in the price of coal to make the business viable.
Prices have been fixed at US$26,50 per tonne since July 2011, but are now being paid in local currency at the fixed interbank exchange rate.
Power utility, the Zimbabwe Electricity Supply Authority (ZESA), which is concerned by “lack of capacity” from local miners, is already considering investing in coal mining to ensure guaranteed supply for its plants, particularly when Hwange Unit 7 and 8 — presently under construction come on line in 2022.
The two units will add 600MW to the grid.
Industry players claim that the average cost for mining, processing and delivery of coal to Hwange Power Station is US$30,30 per tonne.
Comparatively, prices for coal used in power generation average US$40 per tonne in countries such as Botswana and Zambia.
In South Africa, it ranges between US$20 to US$50 due in part to the structured prices infused into the mine financing models provided by Eskom.
A base price of US$33 per tonne, linked to the interbank rate, for coal delivered to Hwange Power Station and an increase in export proceeds retention to 80 percent from the current 50 percent would enhance the viability of the miners, CPAZ said recently.