CCZ demands Zesa bosses’ pay schedule

CCZ demands Zesa bosses’ pay schedule | The Herald Posted on February 7, 2014 by ZimSitRep_J — 2 Comments ↓ via CCZ demands Zesa bosses’ pay schedule | The Herald February 7, 2014 The Consumer Council of Zimbabwe has demanded to see the salary schedule for top management at zesa Holdings in the wake of the parastatal’s proposal for an upward review of …

Electricity generation key to platinum refinery

Electricity generation key to platinum refinery Posted on February 6, 2014 by ZimSitRep_J — 3 Comments ↓ via Electricity generation key to platinum refinery | The Financial Gazette by Shame Makoshori 5 Feb 2014 BILLIONS of dollars required to set up a local platinum refinery could go to waste if government, which has been pushing mines to fast-track the project, fails to assess the …

US$528 000 salary for ZESA advisor

US$528 000 salary for ZESA advisor Posted on February 6, 2014 by ZimSitRep_J — 3 Comments ↓ via US$528 000 salary for ZESA advisor | The Financial Gazette by Phillimon Mhlanga 5 Feb 2014 AS the salaries scandal in Zimbabwe’s cash-strapped parastatals deepens, the Financial Gazette can reveal that Dennis Magaya, a business strategy consultant who was controversially appointed by State-owned ZESA Holdings’ subsidiary …

Mavhaire dissolves eight energy sector boards

Mavhaire dissolves eight energy sector boards Posted on February 6, 2014 by ZimSitRep_J — 1 Comment ↓ via Mavhaire dissolves eight energy sector boards | The Source February 5, 2014 Energy and power development minister Dzikamai Mavhaire has dissolved the boards of eight state-owned enterprises under the supervision of his ministry, accusing them of underperforming during the past five years. The boards were …

Massive increase in power tariffs looms

Massive increase in power tariffs looms | The Herald Posted on February 6, 2014 by ZimSitRep_J — 2 Comments ↓ via Massive increase in power tariffs looms | The Herald February 6, 2014 by Golden Sibanda ZIMBABWEANS could face the biggest increase in the cost of power since dollarisation after the Zimbabwe Electricity Transmission and Distribution Company proposed a 5 percent tariff increase, way …

Government cancels ZESA tender

Government cancels ZESA tender – SundayMail Posted on January 26, 2014 by ZimSitRep_J — 1 Comment ↓ via Government cancels ZESA tender Sunday, 26 January 2014 by Darlington Musarurwa and Brian Chitemba SundayMail Currently, electricity consumers have to queue in order to purchase electricity vouchers at Zesa outlets but once they close units will no longer be available. The recent cancellation of the tender …

Efficient power use to save Zim $115m

Efficient power use to save Zim $115m Posted on January 8, 2014 by ZimSitRep_J — No Comments ↓ via Efficient power use to save Zim $115m – DailyNews Live  8 JANUARY 2014  Zimbabwe Electricity Transmission and Distribution Company (ZETDC) — a subsidiary of power utility Zesa Holdings — says the country could save up to $115 million annually through efficient power demand side …

ZESA technically insolvent

ZESA technically insolvent Posted on December 12, 2013 by ZimSitRep_J — 2 Comments ↓ via ZESA technically insolvent | The Financial Gazette by Phillimon Mhlanga 12 Dec 2013 POWER utility, ZESA Holdings, the custodian of government equity in the power sector, is technically insolvent and has a negative working capital, creating uncertainty in its ability to continue as a going concern.The situation could have …

Power outages push company overheads

Power outages push company overheads Posted on December 10, 2013 by ZimSitRep_J — 2 Comments ↓ via Power outages push company overheads December 10, 2013  by Victoria Mtomba NewsDay LOCAL manufacturing firms and mining companies are incurring as much as $8 in costs for every kilowatt hour (kWh)lost due to idleness resulting from frequent power outages, a study by a industrial lobby group …

Power load shedding increases

Power load shedding increases December 6, 2013 in National, News     ELECTRICITY load-shedding around the country has increased over the last few days in response to ascending demand and breakdown of machinery at several power stations. STAFF REPORTER In some instances residents have had to go without electricity for four days every week. This is despite assurances …