Fri, 07 Apr 2017 11:39:31 +0000 Investing in infrastructure is key to ZESCO’s growth Dear Editor, I would like to add to the voice of those who have supported ZESCO’s application to the Energy Regulation Board (ERB) for a 75 percent tariff increase as it is a positive proposal that would attract massive investment into ZESCO’s infrastructure growth. Encouragingly, the company’s proposed increment should, however, be implemented in 3 phases of 25 percent apiece in order to mitigate the tariff hike impact on domestic household end-users instead of two with the first phase pegged at 50 percent and the rest at 25 percent. Frankly, these plans are not ambitious enough (“Govt supports 75% power tariff hike”, Daily Nation, April 5, 2017). Undoubtedly, Zambia has experienced very strong growth over the past decade and is now amongst the fastest growing countries in the SADC sub-region. However, to sustain and broaden the impressive economic growth, the PF […]
