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Deadlock In ZESA, Captains Of Industry Power Tariff Talks

1 year agoFri, 31 Mar 2023 05:34:47 GMT
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Deadlock In ZESA, Captains Of Industry Power Tariff Talks

ZESA Holdings has refused to budge on its position on power billing in US dollars despite calls by captains of industry for more flexibility.

Officials from ZESA Holdings’ subsidiary, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), and captains of industry met a fortnight ago over the issue but the meeting ended in a deadlock after the power utility rejected proposals that were made by industry.

The captains of industry had proposed to have the US dollar bills matched to the proportion of forex sales and this was rejected by ZETDC.

Speaking to Business Times, Confederation of Zimbabwe Industries (CZI) president Kurai Matsheza the new tariff announced by ZESA is unsustainable.

ZESA announced power tariffs of US12.21c/kWh for all exporters with other forex earners paying US10.63c/kWh.

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Matsheza said that they are now seeking the intervention of Energy and Power Development Minister, Zhemu Soda. He said:

The business community carried out discussions with ZETDC but no agreement was reached hence we have now requested a meeting with the Energy Minister himself.

So far we haven’t gotten a response on his availability but we wanted to discuss the blanket US$ billing, electricity availability, how the power situation can be addressed, and the bill on forex generation capacity.

Previously, most customers paid in Zimbabwe dollars, under a stepped billing system where users paid tariffs in line with the amount of electricity used.

Only a few exporters or partial exporters, including miners, paid for electricity in forex. Said Matsheza:

ZETDC told us the billing in US$ for exporting companies and those who are generating US$ through local sales should pay 100% in forex.

We raised an issue to say these blanket groupings may not be ideal.

Whilst we understand the need to raise US$, why didn’t they look at the individual customer and say to what extent do you generate US$ sales and bill accordingly?

Zimbabwe is facing acute electricity shortages that have resulted in blackouts lasting 18 hours a day for millions of citizens.

The power cuts are being caused by low water levels that have reduced generation from a hydropower plant on Lake Kariba as well as frequent breakdowns at the Hwange Thermal Power Station.

More: Pindula News

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15 Comments

ushafinance · 1 year ago
We offer Finance at 3% interest rate, Contact us; lestfunds@yandex.com
Mudhi.dhimasi Nyambo.ro · 1 year ago
Rega tidzime magetsi acho now, zvese nemvura ma.ma.ma! Ed fpeeee!
Inini · 1 year ago
In Mufakose we have electricity since Wednesday. Something is not right
Patriot · 1 year ago
Tarrifs must be in rtgs coz the gvt inopindira ichiita bail up Zesa.
Zesa CEO · 1 year ago
Do you really believe what u re saying?? U might be living in another country with a gvt which is not run by ZANU.
Observer · 1 year ago
At least government employees are given 250usd allowance though it is not enough why can't you give those private companies with contracts at government premises even a mere 100usd on top of their worthless 70000rtgs
Observer · 1 year ago
Companies should pay as they make massive profits at the expense of poor workers who are made to toil for worthless rtgs with only top management getting used salaries. Rogel company with premises at the government complex ,the National sports stadium amongst others pays workers 70000rtgs/month how do you expect workers to be motivated to do their jobs when at the end of the day they are taking home, less than USD 50. How do you expect people to pay rent,fees,food.This has caused many problems in homes like broken marriages,mental illnesses,drug abuse, robberies, prostitution and people running away from their own country in search of a better life in other countries and all you can say is Zimbabwe is ready for business
Tateguru · 1 year ago
Varikuda kubhadhara neRTGS varikuiwana kupi dutu remari rakadaro?
Jah 🦓 Tsvarie-07 · 1 year ago
As employees we have been complaining about companies selling in US$ paying us in Rtgs$ and noone listened, hope Zesa will see it different 😀
Zinja · 1 year ago
Taura zvako wangu. Kuda kuvhara vanhu kumeso ivo vachida kuita mamassive profits
Simon rudland · 1 year ago
The gold leaf tobacco. Rudland don't use anything to carry gold. Neither does he provide a little money Now it was stated He stars by smuggling cigarettes to South Africa . On our Zimbabwean side Zimra was asked not to temper . This money is e one used to transport Gold to e middle East
Manikiniki · 1 year ago
These companies never cease to amaze me. They export and earn forex then pay their workers in rtgs with only top management earning forex. Now they refuse to pay Zesa in forex when they know fully well that Zesa also required that forex fo run efficiently and provide electricity for the povo as well.
jimalo · 1 year ago
zesa pfeee pfeee

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