Advertisements
Home » Zesa’s bid for cost-reflective tariffs gains support

Zesa’s bid for cost-reflective tariffs gains support

0 comments

CAPTAINS of industry and economic experts have thrown their weight behind Zesa Holdings (Zesa)’s campaign for cost-reflective power pricing in Zimbabwe, saying this will boost the state power utility’s viability and assist alleviate the country’s electricity woes.
Zimbabwe has over the years experienced severe power shortages due to insufficient local generation and Zesa’s inability to import the deficit. Even though the utility company has been allowed to effect a number of price adjustments over the years, its principals in government have persistently rejected its applications to bring up tariffs to cost-reflective levels.
Chief executive of the Zimbabwe Energy Regulatory Authority’s (Zera), Edington Mazambani, recently revealed that the government was now working towards effecting cost-reflective tariffs.

Advertisements

Edington Mazambani

Subscribe to The Financial Gazette

This is premium content. Subscribe to read article.

Subscribe Today

Gain access to all articles. Subscribe Today.
Advertisements

Related Posts

Leave a Comment

Advertisements

The Financial Gazette It is southern Africa’s leading business and political newspaper well known for its in-depth and authoritative reportage anchored on providing timely, accurate, fair and balanced news.

Newsletters

Subscribe to The Financial Gazette newsletter for financial & business news worth reading. Let's stay updated!

©2024 The Financial Gazette. A Media Company – All Right Reserved. Designed and Developed by Innovura
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?

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