Local News

ZESA Holdings says the continued inadequate allocation of funds by the central bank might
plunge the nation into darkness as the power utility is getting into serious arrears with regional
electricity suppliers.

Appearing before the Parliamentary Portfolio Committee on Mines and Energy chaired by
Masvingo Central legislator, Dr Daniel Shumba, ZESA Group CEO, Engineer Josh Chifamba
said the power utility is getting US$1,5 million weekly from the Reserve Bank of Zimbabwe
(RBZ) out of US$5 million needed to pay regional suppliers.

"Arrears towards regional electricity suppliers are increasing as we are only getting US$1,5
million out of the required US$5 million, and this might trigger massive load-shedding as we
cannot meet the pre-payment demands by some of the companies," he said.

The 200 mega watt Dema diesel emergency power plant dominated the oral evidence as
legislators questioned the rational of having such a project.

Engineer Chifamba said the project remains critical for the country, reminding legislators that
the time of setting up the plant was appropriate.

The inadequate foreign currency allocation to the power utility is of major concern considering
that government is emphasising production within the economy, hence the need to constantly
have power for the manufacturing sector and other productive sectors of the economy.

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