Wed, 16 Aug 2017 11:55:45 +0000 THE tussle that has ensued between the Copperbelt Energy Corporation (CEC) and Mopani Copper Mines (MCM) among other mines over the implementation of revised electricity tariffs to the mines shows how irresponsible relevant ministries have been. Whatever tthe problem, it is incomprehensible and inexcusable that mines should close at a time copper price is at an all time high. It is shocking that the Ministry of Energy and Ministry of Mines seem complacent and not concerned with the crisis in the mining sector which is our economic backbone and mainstay. Instead of explaining the fact, the issues in contention are before courts of law. The truth is that early this year, ZESCO, a government parastatal, applied to the Energy Regulation Board (ERB) for electricity tariff adjustments to meet operational challenges as well as to attract investment to the sector. When the ERB approved the upward tariff adjustment, it clarified […]
