Victoria Falls hotels to pay ZESA in US Dollar

President Emmerson Mnangagwa's cabinet has announced that it had taken a resolution to mandate hotels operating in the resort town of Victoria Falls to start paying their electricity bills in foreign currency.

In a post-cabinet briefing on Tuesday government said cabinet has a taken a resolution to, "Endorse an arrangement whereby hotels in Victoria Falls pay their ZESA bills in forex so as to boost capacity to import power supplies."

Cabinet also said special incentives shall be provided through duty waivers on imported solar equipment, while it shall be mandatory for all new construction projects to be solar-powered.

Soon a large scale programme shall be implemented to promote the importation and local production of solar equipment, and the use of solar power as an alternative energy source government added.

This is a developing story…