Zimbabwe to approach Eskom for help as Kariba Dam levels drop


Officials from Zimbabwe's power utility Zesa are expected to this week meet with their South African counterparts at Eskom over $33m (about R480m at current exchange rates) in debt they owe the SA state power utility, as well as the need for increased electricity imports as the country's power supply situation remains dire.

Last week, Zimbabwe Energy Minister Fortune Chasi told Parliament that the country's anchor power producer, Kariba Dam, could be forced to stop production within 14 weeks as a result of receding water levels.

Zimbabwe started load shedding in mid-May due to a combination of low water levels at the dam's hydroelectric power plant, generation constraints at other power stations and limited foreign imports. 

Minister Chasi said the power utility will have to look to Mozambique's hydropower generation company  HCB and Eskom for increased imports. 

According to state media Zesa acting chief executive Patrick Chivaura told a Chamber of Mines conference in Victoria Falls last week that the power utility needed to thrash out a payment plan with Eskom to get more imports.

“We have not been able to pay for our imports since October last year. There was curtailment of power by Eskom from 450MW to 50MW. HCB of Mozambique did the same. We are only getting 50MW as we speak.

“Eskom can give us 400MW that they don’t need at night. We owe $33m to Eskom and $35m to HCB,” He said.

"Next week we are trooping to meet Eskom for a payment plan,” Chivaura told delegates.


Eskom, which has a debt burden of 500bn, has not implemented load shedding since March. 

According to the group's Chief Operating Officer, Jan Oberholzer, the power utility is continuing to perform crucial maintenance at power plants. The utility has warned it may have to implement rotational power cuts over the next six to 12 months. 

The utility's CEO, Phakamani Hadebe, announced on May 24 that he would resign at the end of July, citing "unimaginable demands which have unfortunately had a negative impact on my health". 


We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24
Rand - Dollar
Rand - Pound
Rand - Euro
Rand - Aus dollar
Rand - Yen
Brent Crude
Top 40
All Share
Resource 10
Industrial 25
Financial 15
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot