Zim govt issues $600mln TBs to pay ZESA debts

HARARE,  June 5  (The Source) – Zimbabwe’s Treasury has issued about $600 million worth of Treasury Bills to settle debts owed by parastatals and local authorities to the country’s power utility,  a senior government official has said.   In January, the Zimbabwe Electricity Supply Authority… Read More

60pct of Zimbabweans live in the dark – govt

HARARE, September 29 (The Source) – The Zimbabwe government on Tuesday said that more than 60 percent of the country’s 13 million people have no access to electricity as the country struggles to meet demand, accelerating deforestation and woodland degradation. Energy ministry Permanent Secretary Partson Mbiriri… Read More

Zera reviewing fuel pricing model – official

HARARE, September 1 (The Source) – Zimbabwe’s energy regulator is reviewing the country’s fuel pricing model to benchmark it on regional standards amid concerns that petroleum products were grossly overpriced, a senior government official has said. Fuel prices in Zimbabwe, which solely relies on imports,… Read More