ZERA Warns Investors Against Bogus Licensing Middlemen

The Zimbabwe Energy Regulatory Authority (ZERA) has warned businesses interested in investing in the country’s energy sector to be wary of being fleeced by fake middle-men claiming to be able to accelerate the licensing process for a fee.

In a statement, ZERA said it does not work with third parties and does not charge any fees for enquiries on the energy sector or any other generic and operational issues. The statement read in part:

They misrepresent themselves as middlemen who can organise meetings and follow up on progress in the licensing process at a fee payable by unsuspecting investors.

Investors and the public are hereby advised that Zera does not work through third parties such as middlemen, facilitators or agents in or outside the country.

ZERA is responsible for the issuance of licenses to investors who are keen to venture into the electricity generation and petroleum distribution sub-sectors.

More: Daily News

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