Zimbabwe

Lights out threatens in Zimbabwe

2012-02-13 22:35

Special Report

Don't disrupt operations on white-owned farms - Zim minister
Don't disrupt operations on white-owned farms - Zim minister

Zimbabwe cannot afford to kick white farmers off the land and then import products such as milk from South Africa, a Zimbabwean minister says.

Harare - Zimbabwe's energy minister warned on Monday the country risks losing electricity imports from its major supplier if it fails to pay a $90m debt to Mozambique's Hydro Cahora Bassa dam.

"That is one debt that we have got to service because if we do not service it our major source of power will go away," Minister Elton Mangoma told a committee of lawmakers.

Mangoma said the Zimbabwe Electricity Supply Authority (ZESA) has piled up almost a billion dollars in unpaid electricity imports, unserviced loans and outstanding contributions to a joint power project with neighbour Zambia.

"At this stage with the cashflows of ZESA there is no possibility of re-paying them. We are not planning in the short-term to have them repaid but that treasury when they are looking at their debt management will be able to look at that."

He said ZESA owes about $800m of old loans, and $94m in electricity imports including about $90m to Hydro Cabora Bassa, the Mozambican hydroelectric dam that is its main supplier. It also owes $70m to Zambia.

Zimbabwe needs about 2 200MW of electricity at peak but generates just 1 300MW, importing the remainder.

Mangoma said is owed ZESA $400m in unpaid electricity bills by consumers, and announced plans to cut off defaulters.

ZESA plans to introduce pre-paid meters to improve its revenue and avoid resorting to charges based on estimates.

Last year ZESA announced it would hand out more than 5.5 million power-saving fluorescent light bulbs to households across the country to curb consumption.

Authorities also increased charges 31% last year to 9.83 cents per kilowatt hour.

- AFP

Read more on:    mozambique  |  zimbabwe  |  energy

SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
12 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Africa

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Pre-order your iPhone 6 at kalahari.com

Hurry and pre-order your own iPhone 6 now at SA’s favourite online store!

Bargain box – 60% off

Reduced prices, very limited stock. While stocks last. Hurry and shop now!

Mind blow low prices on electronics

Get either the Prestigio multiphone or Proline tablet 7” tablet for only R699. Offers valid while stocks last. Shop now!

30% off Barbie toys

Save 30% on all Barbie toys and accessories. Offer valid while stocks last. Shop now!

Baby extravanganza month at kalahari.com

Celebrate baby month with a wide range of awesome baby products. Offers valid while stocks last. Shop now.

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Don`t judge so quickly or expect too much, be more accepting and understanding and make space for fun and spontaneity. ...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.