Power cuts threaten growth targets

BUSINESS says rolling power cuts in Zimbabwe, which are running up to 12 hours a day, have increased the cost of doing business and may result in price increases, threatening economic growth targets.

Advertisements

This comes after ZESA Holdings’ distribution arm, Zimbabwe Electricity Distribution Company (ZETDC) recently said that increased economic activity had spurred increased demand for electricity, leading to the current power cuts.

Subscribe to The Financial Gazette

This is premium content. Subscribe to read article.

Subscribe Today

Gain access to all articles. Subscribe Today.

Related posts

Business prays for bold RBZ measures

Growth target faces ‘turbulence’

Zim inflation surges in January

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More