‘Power cuts choke mines, industry’

THE mining sector has decried the rolling power cuts in Zimbabwe and neighbouring South Africa, saying they will severely affect the mining and manufacturing sectors.

In a statement yesterday, the Chamber of Mines Zimbabwe (CoMZ) said the severe load-shedding would result in failure by the country to achieve the US$12 billion mining economy by 2030.

CoMZ said industrial capacity utilisation rates projected at over 60% this year were under threat as production would be curtailed due to power shortages.

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