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Power utility fails to pay Eskom, HCB

HARARE – The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has said it is failing to service its payment obligations to South Africa’s Eskom and Mozambique’s Hidroeléctrica de Cahora Bassa (HCB) due to a $1 billion debt the firm is owed by consumers. ZETDC managing director Julian Chinembiri yesterday said the State-owned institution, which is…

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