Zim miners shortchanged by rolling power outages

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Zimbabwe’s largest mines reported losing up to US$500 million in potential revenue due to power outages, with production down 6%. Mining executives called on state power utility Zesa to prioritize the sector, which employs over 30,000 people and contributes 12% to GDP. The Chamber of Mines of Zimbabwe warned the energy crisis threatens growth and hampers exports, which account for 80% of shipments.

ZimInd