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Victoria Falls Solar Park project sold for US$13 million

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HARARE – Kibo Energy plc, a United Kingdom renewable energy company listed in London and Johannesburg, has acquired the 100MW Victoria Falls Solar Park project for US$13 million.

The first 25MW of the project is fully funded and under construction, with the first 5MW expected to be in production by end of April 2022. The 25MW is to be connected to the grid by year-end.

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Kibo is buying the project through a share purchase agreement with Brownhill, the company that was developing the project via its subsidiary Power Ventures.

Kibo, which has previously had interests in coal mining, has been moving away from fossils to invest in renewables, and CEO Louis Coetzee, says the Victoria Falls deal ties in with its strategy.

“We are pleased to have been in a favourable position to participate in this transaction, which is timely, following the company’s strategy to disinvest from fossil fuels and focus on renewable and clean energy projects,” Coetzee says.

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“The successful completion of this Transaction will scale up Kibo’s footprint in Africa, with the potential addition of renewable energy projects in excess of 100MW with the first 5MW going into production at the end of April and the first 25MW fully funded for construction and commissioning.”

It is connected to the Hwange-Victoria Falls national transmission line, less than a kilometre from the solar facility.

On completion, the project will generate 100 MW of solar power, and is projected to deliver free cashflow (EBIT) of around US$107 million, according to the company.

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In 2020, government invited bids for the installation of 500MW of solar power plants, hoping a shift to renewable energy will help ease crippling power cuts.

But investment into Zimbabwean solar has been slowed by investor doubts that they will be paid in US dollars for supplying power. Government is reluctant to issue IPPs the guarantees they demand.

The Victoria Falls project, however, has a 10-year power purchase agreement denominated in US dollars, and it will supply mining and industrial customers.

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Kibo, has invested in coal assets before, including a 300MW coal-to-power project in Tanzania and Mabesekwa in Botswana. But it is shifting to renewables, with one of its most recent new projects being a 2.7MW plastic-to-syngas power plant in South Africa.

The company’s acquisition strategy has been to target projects that are near production; its renewable energy assets all have a time horizon of less than 18 months to first production. – newZwire

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National

Parliament declares diabetes a public health emergency, pushes for urgent action

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BY NOKUTHABA DLAMINI

Zimbabwe’s Parliament has resolved to prioritise the fight against diabetes, warning that the condition is rapidly becoming a public health emergency, particularly for children and young people living with Type 1 diabetes.

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The motion, tabled in the National Assembly by Concilia Chinanzvavana and seconded by Edwin Mushoriwa, highlights critical gaps in access to life-saving treatment. Lawmakers noted that people with Type 1 diabetes require uninterrupted access to insulin, diagnostics and specialised care, without which they face preventable disability and death.

Despite existing Non-Communicable Disease (NCD) policies and fiscal measures such as the sugar tax, Parliament expressed concern that diabetes remains underfunded and insufficiently prioritised. This has resulted in inequitable access to treatment and persistent weaknesses in care systems across the country.

Legislators also stressed that policy alone is not enough, pointing to frameworks developed by the World Health Organization, including the Package of Essential Noncommunicable Disease Interventions (PEN) and PEN-Plus, which require strong political commitment and implementation.

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As part of the resolution, Parliament pledged to champion equitable diabetes care within national development frameworks and to strengthen oversight of health budgets, policies and programme delivery. Lawmakers also called for sustainable financing mechanisms, including the possible ring-fencing of sugar tax revenues to support diabetes care.

The House further urged the integration of diabetes prevention and treatment into primary healthcare systems, alongside improved referral pathways to ensure timely and effective care.

In addition, Parliament emphasised the need for inclusive, people-centred governance, calling for structured engagement between lawmakers, the Ministry of Health and Child Care, civil society, development partners and people living with diabetes.

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Parliament pushes for funding, recognition of Zimbabwe’s digital creatives

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BY WANDILE TSHUMA 

The Parliament has called for urgent reforms and funding to unlock the potential of the country’s growing creative and digital content sector, citing its role in economic growth and youth employment.

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During a sitting of the National Assembly last week , legislators raised concern that despite Zimbabwe’s “vast creative talent” in film, traditional arts and digital media, the sector remains largely informal, underfunded and poorly integrated into national development plans.

Lawmakers noted that thousands of young Zimbabweans producing content on platforms such as YouTube, TikTok and Instagram are earning livelihoods and promoting the country’s image, yet remain unrecognised as key economic players. This has left them excluded from structured funding, training and social protection systems.

The House also flagged persistent challenges including weak production infrastructure, piracy and the migration of talent, which have limited the growth of local creatives while foreign content continues to dominate the domestic market.

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Parliament has now implored the Ministry of Sport, Recreation, Arts and Culture, working with Treasury, to allocate a dedicated budget for the implementation of the National Cultural and Creative Industries Strategy (2020–2030). Treasury was also urged to capitalise and operationalise the Arts Development Fund to support film and digital content production.

In addition, lawmakers called for the upgrading of community cultural centres into digital production hubs, as well as stronger enforcement of copyright laws and the creation of frameworks to formalise and monetise creative work, particularly for digital content creators.

 

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Lifestyle

Dawn Thandeka King to headline lmiklomelo KaDakamela festival in Nkayi

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BY NOKUTHABA DLAMINI

The hills of Nkayi are set to come alive as preparations for the iMiklomelo kaDakamela Cultural Festival reach an advanced stage, with organizers confirming that acclaimed South African actress and musician Dawn Thandeka King will be the guest of honor.

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The festival, which runs from  3 to 6 April, at the Chief’s homestead, promises a vibrant celebration of music, sport, and traditional experiences that aim to put the district on the global cultural map.

Organizers expressed their excitement over the arrival of the South African star, noting that “her presence brings star power, inspiration, and cultural pride to Nkayi.” The actress will be joined by other high-profile guests, including Gama Mbokane from Tanzania, Prince Wandile Ngobese, and Umntwana waseZibindini uThulani kaGqikazi kaSolomon.

Adding a feat of incredible endurance to the festivities, organizing committee member Dr Gasolo is currently preparing to walk 205km from Bulawayo to ko Dakamela to amplify the voices of local creatives. Dr Gasolo, who recently returned from Zambia where he was part of the “Walk Across Africa” team, will embark on this local trek before heading to Ethiopia later this year to rejoin the journey to Cairo, Egypt.

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Festival coordinator Desmond Ntini confirmed to Southern Eye reporter, Margaret Lubinda that the packed programme includes campfire storytelling, traditional bush dinners, and a unique camping experience. “The chief will take centre stage as the guest storyteller,” Ntini said. The event will also feature the return of the popular Amahubo sessions and sporting events like the trademark Bosso social soccer match and the introduction of cricket, Emakhaya.

Beyond the entertainment, the festival serves a deeper purpose of community empowerment. Workshops will be held to teach villagers how to monetise waste, such as plastic bottles, alongside an empowerment workshop for local artists hosted in collaboration with the Isintu Festival.

This local initiative aligns with recent discussions in the National Assembly regarding the vital role of the tourism sector and heritage preservation. Lawmakers have noted that heritage preservation is a “crucial cog for maintaining the national identity, fostering cultural diversity, driving tourism growth and promoting economic development at large”  Members of Parliament have further observed that cultural tourism is a “powerful driver of economic growth” that has the ability to “transform lives at the grassroots level,” particularly for women and youth .

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However, the road to the festival has not been without its hurdles. Ntini noted that extending the festival’s duration has led to funding challenges. “Our main challenge centres on funding,” he said. “Large numbers of people from the koDakamela community attend, and they also need to be catered for. We are appealing for more support.”

Additional Source: Southern Eye.

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