Government committed to paying Eskom debt

Source: Government committed to paying Eskom debt | Herald (Business)

Kumbirai Tarusarira Business Reporter
Government has reiterated its commitment to paying off power utility, Zesa’s, debt to Eskom of South Africa and continue importing power from the southern neighbours.

Zimbabwe is currently experiencing acute load shedding stretching up to 18 hours a day largely due to decreased generation at the various power generating plants across the country.

In an interview with South African radio station, 702, where he had travelled for talks with South African authorities, Energy and Power Development Minister Fortune Chasi said Government appreciates the power challenges the country is facing but was quick to not they are not insurmountable.

“We have always collaborated with South Africa in the area of power in fact within SADC itself you know that no country is really satisfied with its power availability so we regularly work with other countries,” said Minister Chasi.

“The first thing that we want to get to the South African authorities is simply to say that we owe significant amounts of money and we are making efforts to pay the debt that we owe to Eskom and we are also grateful for the assistance we have received over time.

“We in Zimbabwe actually believe that we will find a solution (to the power challenges), there is a multitude of reasons why we are where we are. We have been under sanctions for a significant time which has made it impossible for us to repair our equipment . . . but that is not to say that it’s the sole reason,” he said.

Zimbabwe’s state owned power utility said last week it was finalizing commercial arrangements with Eskom, which has traditionally been Zesa’s largest source of power.

“We have negotiated with Eskom to access imports and we are completing commercial formalities in order to access the imports,” acting chief executive Patrick Chivaura reportedly said.

What remains to be seen is whether Zesa can thrash out a good power supply agreement with Eskom, which has previously threatened to cut power supplies after Zimbabwe failed to settle its huge outstanding bills in time.

COMMENTS

WORDPRESS: 5
  • comment-avatar
    TENDAI 3 months ago

    Committed to paying ESKOM and then sell the electricity ESKOM does send us at a loss . No Business sens in ZANUPIFF

  • comment-avatar
    Doris 3 months ago

    Well please get your A … into gear. We are on our knees. Best you start digging into your back pocket and put some of it back where it belongs.

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    You bought electricity from South Africa, but you will have sold this on to your customers. So why was it not paid for out of what you received? Cut the backhanders, the luxury free dinners etc and get on with a sound business plan. At the moment this should be something like cost+1.5% = pass on price.

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    GoRobin 3 months ago

    ZANU PF Govt. Just a bunch of Krooks. How come nobody noticed for the past 40 years or so? And if they did, why has it taken so long to dispose of them? No wonder the western world has sanctions on ZANU PF (not Zimbabwe) which will not be removed until the krooks are removed. Simple solution…impossible to implement because nobody wants to do nothing??

  • comment-avatar

    Where the hell is the diamond money. Why is no one asking this fundamental question. Where is the urgency. There is none because Zanoids know how to steal and nothing else