Site icon DailyNews

Debts hinder power boost

Zhemu Soda

A PARLIAMENT report has suggested that improved electricity generation at Hwange Power Station is being delayed by Zesa’s failure to pay US$265 million owed to a Chinese bank. In the report tabled in the august House last week, the parliamentary portfolio committee on budget, finance and economics said the outstanding debt to China Exim Bank…

To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions
Exit mobile version