Zimbabwe owes $57 million in electricity debt

Mon, Jun 15, 2009

Money Matters, Zimbabwe News

Zimbabwe owes $57 million in unpaid electricity charges. Zimbabwe Electricity Supply Authority (Zesa) owes Mozambique’s Hydroelectrica Cahora Bassa $40.3 million.

The DRC’s SNEL is owed $9.8 million, Zambia’s ZESCO $1.7 million, while another Mozambique company EDM is owed $5.1 million. It has also been reported that Zimbabwe could soon be switched off if it fails to pay for power imports.

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