Wed, 28 Dec 2016 12:52:41 +0000 By OSCAR MALIPENGA ZAMBIA Electricity Supply Corporation (ZESCO), Indeni Petroleum Refinery Company Limited and TAZAMA Pipelines Limited are not for sale but government will only optimize their operation capacity, Energy Minister David Mabumba has announced. And Mr Mabumba has charged that in the year 2017, electricity tariffs would be revised in order to make them cost reflective in line with the policy shifts as outlined in the National Budget. Speaking during a press briefing in his office yesterday, Mr Mabumba appealed to Zambians to bear with the government that as the nation was going through power deficit, government in 2017 would be working on developing the hydro, solar, coal and geothermal potential. Mr Mabumba said currently the power tariffs in Zambia were not economically attractive. “…and as long as we don’t deal with structures of our tariffs in this country, it would be difficult for Zambia to attract […]
