Newsdeck: Zimbabwe starts rolling power cuts, hitting mines, industry

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Africa: Zimbabwe starts rolling power cuts, hitting mines, industry By Reuters reuters

The power cuts will add to mounting public anger against President Emmerson Mnangagwa’s government as Zimbabweans grapple with an economic crisis that has seen shortages of U.S. dollars, fuel, food and medicines as well as soaring inflation that is eroding earnings and savings.

“The power shortfall is being managed through load shedding in order to balance the power supply available and the demand,” ZETDC said in a public notice. Mining accounts for more than three-quarters of Zimbabwe’s export earnings and any power cuts in the sector will affect production and exports.

 

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Zimbabwe starts rolling power cuts, hitting mines, industryThe power cuts will add to mounting public anger against President Emmerson Mnangagwa’s government as Zimbabweans grapple with an economic crisis that has seen shortages of US dollars, fuel, food and medicines. News of load shedding is really bad news, it doesn't matter where it's happening but it is a vicious blow to economy.
Source: ewnupdates - 🏆 30. / 53 Read more »