Zesa load-shedding is counter-productive
- Jan 18, 2022 9:25 pm GMT
POWER utility Zesa Holdings’ recent announcement of a new load-shedding schedule has once again brought serious doubts about the country’s ability to achieve the 5,5% growth rate projected for this year.
Zasa had this to say: “Following the Zambezi River Authority’s request to reduce generation levels at the Kariba\xa0 North and Kariba South Power Stations, some units at the
The rehabilitation, which is expected to be completed by
Companies have been forced to suspend shifts and reduce the number of employees, worsening the country’s high unemployment rate. The power outages have also drastically increased costs of doing business, with the
ZNCC\xa0 noted in its inaugural survey launched last year that despite the cost of electricity being the lowest in the region, power cuts had become a major hindrance to growth.
According to ZNCC,
Although electricity tariffs are among the lowest in the Sadc region, electricity supply has been the average businessperson’s nightmare. Erratic power supplies have resulted in huge losses for most businesses over the years due to interrupted operations, lost time and revenue, damage to machines and lost data, it has been said.
Nothing illustrates the impact of power shortages on business operations than the revelation that the cost of the
There can be no economic growth if power outages are not\xa0 urgently addressed.\xa0 The outages point to a dim 2022 in terms of economic growth, something the country cannot afford at the moment.
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