Eskom and Cahorra Bassa threaten to pull the plug on Zimbabwe
Zimbabwe has been given two months to pay its bills for power from South African power utility Eskom and Mozambique’s Hydro Cahora Bassa, HCB.
Zimbabwe imports at least 30% of its power and owes Eskom about R250-million and HCB about R126-million.
Julian Chinembiri, managing director of the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) said this week that arrears were mounting.
He told the Financial Gazette in Harare that both power suppliers had given Zimbabwe a “grace period” to clear arrears.
“Eskom gave us up to December 2016 while HCB gave us up to the end of November to clear the arrears. At the moment we are enjoying stable power supply and we would want to keep supplies as they are and ensure that load shedding does not occur,” he said.
“We have prepayment arrangements with Eskom and HCB.”
Zimbabwe imports about 350 MW of electricity from Eskom and 50 MW from HCB. It also generates power from a bank of diesel generators which several Harare newspapers claim is owned by the family of president Robert Mugabe’s son-in-law, Simba Chikore, who was recently appointed to the number two spot in bankrupt Air Zimbabwe.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation