Tuesday, November 5, 2024

Zambia to End Power Tariff Subsidies for Big Firms

Posted by August 14, 2015

Zambia's government will stop supplying cheap electricity to large industries as Africa's No.2 copper producer battles a power crunch affecting its economy.

The move away from subsidised electricity tariffs for large consumers will happen immediately, while state utility Zesco will source energy from private producers to plug the deficit, government spokesperson Vincent Mwale said.

(Reporting by Chris Mfula)

Related News