Categories: News

Zimbabwe gives mines, farmers six months to clear electricity bills

Zimbabwe's state-owned electricity distributor has given businesses, including mines and large-scale farms, six months to clear their bills or risk being cut off and face litigation.

The Zimbabwe Electricity Transmission and Distribution Company (ZETDS) is owed more than $1 billion by electricity users, including domestic households, farmers, industries and mining companies.

ZETDC said in a public notice today that businesses had six months to clear their bills because it required the money to pay for electricity imports to supplement local generation.

Zimbabwe, which has had stable electricity supplies for more than a year, currently produces 938 MW and imports up to 450 MW from South Africa and Mozambique.

Isaac Kwesu, the CEO of the Chamber of Mines, said although some members had accrued huge bills over the years, they had made plans to clear the arrears with ZETDC.

"I know members will make all efforts to honour their dues because there is no one who can afford to have a mine closed," Kwesu said, but declined to name members with arrears.

Zimbabwe this month expects to commission two new generating units at the country's biggest hydro power plant, Kariba, which will add 300 MW of capacity. – The Source

(123 VIEWS)

This post was last modified on March 12, 2018 2:47 pm

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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