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Zimbabwe News Update

🇿🇼 Published: 30 December 2025
📘 Source: Diggers

ZESCO’s 2024 Integrated Annual Report has revealed that the company recorded a 9 per cent increase in turnover, from K28.3 billion to K30.8 billion. According to the report, this growth was mainly driven by increased revenue from the mining sector due to emergency tariff sales from mining customers who were exempted from load-shedding. The report also revealed that the cost of sales increased by 21 per cent, rising from K21.8 billion in the previous year to K26.4 billion, primarily due to notable increases in power imports.

Zesco Director of Investment and Finance, Racheal Inonge Zekko, noted in the report that mining customer revenue increased by 33 per cent, despite a 10 per cent drop in volume sales. “The Group recorded… Do you agree that child defilers should be castrated?

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Originally published by Diggers • December 30, 2025

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