Load Shedding on the horizon, as ZESA fails to pay SA and Moz for electricity imports

The current is facing imminent power shortages which will lead to load shedding due to the fact that  ZESA is failing to pay for power being imported from South Africa and Mozambique.  ZESA has arrears with  its suppliers because the power utility is receiving only $1,5 million from the Reserve Bank of Zimbabwe (RBZ) instead of $5 million.

ZESA Chief Executive Josh Chifamba  told the Mines and Energy Committee that:


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As we stand now we are in serious arrears on both accounts that is Eskom of South Africa and Hydro Cahora Bassa (HCB) of Mozambique

We have had to come up with innovative strategies where we have been talking to our customers in export business so that thy seed to us part of what they retain what they get from their export process so that we alleviate this problem.

Should that happen then we go to massive, massive load shedding.

More: New Zimbabwe

 

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Load Shedding on the horizon, as ZESA fails to pay SA and Moz for electricity imports