ZESA wants 300% tariff hike (08-02-07)

HARARE - The Zimbabwe Electricity Supply Authority (ZESA) board has resolved to hike tariffs by about 300% in the face of serious viability problems and a debt of over Z$500 billion.
Sources in the board said the increase proposal had been submitted to government for approval, and it was hoped th

e changes would come into effect next month.
The chairman, Christopher Chetsanga, said an increase was possible anytime: “We have been charging sub-economic rates and that has affected us a lot. So an increase in tariffs is one of the ways to solve the crisis.”
The country faces a total blackout anytime due to low production at local power plants and a potential switch-off by international suppliers. – Own correspondent

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