There are efforts that are underway to mitigate the low power generation at Kariba and the one I can safely say is in the pipeline is the Mozambique deal.
We are expecting the deal with Mozambique to come through by March or April. Right now, I wouldn’t want to divulge much as the negotiation teams are still liaising but I can promise the nation that in one or two months, the power situation would have changed.
Meanwhile, reports suggest that the deal which is set to revive a 30-year agreement between Zimbabwe and Mozambique is dependent upon Zimbabwe clearing its arrears through a US$100-million facility it secured from Afreximbank.
The imports Zimbabwe is currently getting from Eskom of South Africa and Hydroelectrica de Cahora Bassa (HCB) of Mozambique are not enough due to a debt overhang that the country has battled to clear over the years.
More: Sunday News
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