Mon, 26 Dec 2016 11:38:36 +0000 By BUUMBA CHIMBULU POWER utilities in developing African countries like Zambia need to be reformed as they are generally inefficient, according to the Mining Weekly report. The latest edition of the publication says power utilities need to be reformed due to their financial difficulties and their failure to invest in new power generation capacity. “The persistence of under-performance of the power sector in developing countries justifies calls for reform. Reforms should not just be aimed at achieving financial efficiency of utilities. “They must target such outcomes as affordable tariffs, increased access to electricity and improved quality of service,” says the report. It says that urgent reform in the energy sector is needed for sustainable future with load-shedding still a reality for Zambians, and national electricity consumption continuing to rise. In the report, one reason cited for the less-than-satisfactory outcome of such reforms was that they were “ill-designed, without […]
