Mnangagwa In Bid To Block SA From Taking Over Foreign Electricity Deals
President Emmerson Mnangagwa said that he will visit Mozambique and Zambia in a bid to save the country’s electricity import contracts that may be taken over by South Africa which is also facing a power crisis.
Mnangagwa’s trips follow reports that Eskom Holdings SOC Ltd., the South African state-owned power utility, is “putting pressure” on Mozambique and Zambian to replace Zimbabwe as an importer of electricity from Mozambique and Zambia.
Writing in his weekly column in the State-owned The Sunday Mail weekly publication, Mnangagwa said:
This week I am paying a working visit to Mozambique. In the coming weeks, I am likely to meet president [Hakainde] Hichilema of Zambia in Livingstone. Both sister countries supply us with power.
I will engage my colleagues with a view to ensuring our power imports are secure and uninterrupted.
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ZESA Holdings’ contracts with Mozambique’s Electricidade de Mocambique and Zambia’s ZESCO were due to expire at the end of July and South Africa was ready to replace Zimbabwe.
ZESA Holdings executive chairman Sydney Gata recently warned miners that Zimbabwe “will stand to lose heavily as these contracts are long-term and at a competitive price”.
Zimbabwe’s power utility is struggling to pay its monthly obligation of $6.3-million (R104-million) to ZESCO for the imported power.
More: Engineering News
