The Chamber of Mines Zimbabwe says while the mining industry continues to thrive, the energy sector has not kept pace with its growing demands.
Speaking this week, Chamber of Mines CEO Isaac Kwesu noted, “Notwithstanding the growth in our mining industry, the energy sector has remained relatively fragile.” He pointed out that the sector’s growth has failed to match the expanding needs of the mining industry, leaving a significant gap in energy supply.
Kwesu further emphasized that insufficient investment in the energy sector has exacerbated the problem, with many companies now taking matters into their own hands.
“Many are developing their own specific power projects, with some targeting 50 to 75 megawatts, which will go a long way in supporting these initiatives.”
Prominent industry players like Zimplats, Caledonia, Mimosa, and Grid Africa are among those leading the charge in addressing the energy deficit, but Kwesu stressed that more investment is urgently needed to ensure sustainable growth.
