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Zesa unbundling forges ahead

HARARE – Plans to unbundle troubled State-owned power utility Zesa Holdings (Zesa) are forging ahead with government establishing a company solely responsible for electricity transmission, the National Grid Services Company (NGSC). NGSC, 100 percent  government-owned, will inherit Zesa’s ‘legacy’ debt. Zesa has a debt of about $500 million accrued over the years due to a…

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