Electricity tariff hike will come at a huge cost

Electricity tariff hike will come at a huge cost May 18, 2016 Features, Opinion & Analysis Tafara Shumba CorrespondentThe proposed hike of electricity tariff by zesa Holdings and recent developments within the electric utility raked up this memory, for they share similarities. Both zesa and the dear beggar misplace their priorities at somebody’s expense. zesa’s application for …

Zesa seeks approval for 14 percent tariff hike

Zesa seeks approval for 14 percent tariff hike May 11, 2016 Headlines, Top Stories Felex Share Harare BureauELECTRICITY charges will increase by about 14 percent if Cabinet rubberstamps the Zimbabwe Energy Regulatory Authority-approved application for a tariff hike which was made by Zesa Holdings. According to impeccable sources, an inter-Ministerial Committee is currently studying Zera’s determination to have …

ZESA seeks cost reflective power tariff

ZESA seeks cost reflective power tariff May 10, 2016 Business Business Reporter POWER utility Zesa Holdings needs a cost reflective power tariff to sustain imports and the prevailing consistent supply of electricity, secretary for Energy and Power Development Partson Mbiriri has said. This comes as Zimbabwe has gone for six months without significant interruptions to power supply, …

ZESA gives winter warmer cheer

Zesa gives winter warmer cheer  DEBRA MATABVU 1 DAY AGO Debra MatabvuZIMBABWEANS will not experience power cuts this winter season as the Zimbabwe Electricity Distribution Transmission Company, a subsidiary of power utility Zesa, says it will meet demand.Zesa spokesperson Mr Fullard Gwasira said there would only be minimal load shedding if demand rose above projected …

US$70m power deal in limbo

US$70m power deal in limbo 0 Companies & Markets April 28, 2016 By Phillimon Mhlanga, Business Reporter Harare Power Station THE Harare Power Station re-powering project is hanging in the balance amid indications that the Indian Export-Import Bank (Eximbank) is reluctant to guarantee the required financial backing.Two years ago, Jaguar Overseas of India, was awarded the …

Parly stops shady power plant deal

Parly stops shady power plant deal April 27, 2016 Headlines, Top Stories Daniel Shumba Lloyd Gumbo Senior ReporterParliament has stopped the implementation of the 120 megawatt emergency Mutare Power Peaking Plant after it emerged that the State Procurement Board awarded the tender to a company that had failed to meet technical specifications stated by the Zimbabwe Power Company …

‘No power tariff hike’

‘No power tariff hike’ April 25, 2016 Business Business Reporter—THE Ministry of Energy and Power Development has refuted reports over alleged approval of an electricity tariff hike by the power utility, Zesa. In a statement yesterday, the ministry said a report last week, which indicated that the ministry had given the nod to a tariff increase, did …

Zesa tariff hike gets nod

Zesa tariff hike gets nod April 22, 2016 Business Business ReporterThe cost of electricity is set increase after the Zimbabwe Energy Regulatory Authority approved an average tariff of 11,2c/kWh from 9,83c, sources said yesterday. Power utility, Zesa Holdings had applied for a tariff increase of 14,6c/kWh to help finance imports to mitigate power shortages and expanding …