News / National
Zesa fails to pay Eskom
21 Nov 2016 at 19:04hrs | Views
The Zimbabwe Electricity Supply Authority (ZESA) is failing to service ESKOM and Mozambique power import accounts due to cash shortages.
ZESA chief executive Josh Chifamba told parliament's Mines and Energy Committee that the central bank is allocating the power utility $1.5 million weekly instead of the required $5 million.
Chifamba said Zimbabwe would be plunged into a crisis if power is switched off by ESKOM and Mozambique's power utility due to its huge debt.
He said ZESA would have to introduce more load shedding which will affect millions of Zimbabweans and local companies.
Chifamba refused to answer questions on Dema Power Plant said to be run by President Robert Mugabe's son in law, noting that he can't speak on behalf of a private company.
He said further said ZESA was refurbishing its power plants and constructing new ones to ensure adequate power supplies in the country. -
ZESA chief executive Josh Chifamba told parliament's Mines and Energy Committee that the central bank is allocating the power utility $1.5 million weekly instead of the required $5 million.
Chifamba said Zimbabwe would be plunged into a crisis if power is switched off by ESKOM and Mozambique's power utility due to its huge debt.
He said ZESA would have to introduce more load shedding which will affect millions of Zimbabweans and local companies.
Chifamba refused to answer questions on Dema Power Plant said to be run by President Robert Mugabe's son in law, noting that he can't speak on behalf of a private company.
He said further said ZESA was refurbishing its power plants and constructing new ones to ensure adequate power supplies in the country. -
Source - VOA Studio 7