Zimbabwe secures more electricity imports to ease outages - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Zimbabwe owes more than $70 million to Eskom and Hydro Cahora Bassa of Mozambique for past power supplieswill ramp up its electricity imports over the next few weeks, potentially easing rolling power cuts, after it agreed to make payments to clear its debt to a regional power utility, a treasury official said on Monday.

George Guvamatanga, secretary for the ministry of finance, told business leaders in Harare that Zimbabwe had agreed to make weekly payments to clear its debt to a regional power utility, which would start providing at least 400 MW of electricity a month, starting from this week.Guvamatanga did not name the supplier. Zimbabwe typically buys electricity from South Africa’s Eskom and Hydro Cahora Bassa of Mozambique.

“Working with the mining sector we have been able to ring-fence adequate resources to pay for at least 400 megawatts of electricity a month.” Eskom, which is itself struggling to meet South Africa’s electricity needs, had no immediate comment.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

I will remain resolute: Mkhwebane - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Public Protector Busisiwe Mkhwebane says she remains resolute to do her job even in the face of punishing cost orders against her. That's what guns do She's degenerating everyday this one. 💪🏿
Source: SABC News Online - 🏆 32. / 51 Read more »

Madonsela on Trek4Mandela expedition - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The Nelson Mandela Foundation - in partnership with the Imbumba Foundation - will be sending off the second group of the Trek4Mandela Expedition team on Sunday morning, at the O. R. Tambo International Airport to summit Mount Kilimanjaro, Africa's highest peak.
Source: SABC News Online - 🏆 32. / 51 Read more »