Zimbabwe hikes average electricity tariff by 320% – energy regulator

Zimbabwe has increased the average electricity tariff by 320%.

Source: Zimbabwe hikes average electricity tariff by 320% – energy regulator | eNCA

Power cuts lasting up to 18 hours have hit mines, industry, and homes and, together with a devastating drought.

Zimbabwe has increased the average electricity tariff by 320%.

HARARE – Zimbabwe has increased the average electricity tariff by 320-percent to let the state power utility ramp up production and improve supplies at a time of daily rolling power cuts, the national energy regulator said on Wednesday.

Power cuts lasting up to 18 hours have hit mines, industry, and homes and, together with a devastating drought, have been cited by the treasury as among the main reasons why the economy is set to contract by up to six-percent this year.

Source
Reuters

COMMENTS

WORDPRESS: 2
  • comment-avatar
    ace mukadota 1 year ago

    So what is the price per Kwh then ?? quite silly report if you dont tell us the new price comrades – is it possibly a secret like the RBOZ tries to do all the time with the exchange rate !

  • comment-avatar
    Andy 1 year ago

    The end is near. The circus which has gone on since 1980 is coming to an end. Rest in peace I.d.s. history has proved you right.