After Zambia’s Energy Regulation Board (ERB) refused to sign-off on a tariff increase, the government said alternative financing will be found to reduce the 20-hour blackouts caused by historically low levels of rainfall.
State utility Zambia Electricity Supply Corporation (Zesco) is facing a perfect storm, with its own generation output and export sales plummeting and public money in short supply as the government grapples with the impact of the drought and a longstanding debt crisis.
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