Zambia: Zesco divestment expected after IMF deal

Issue 468 - 16 Sep 2022 - By Chiwoyu Sinyangwe | 1 minute read

The International Monetary Fund (IMF)’s 38-month extended credit facility (ECF) deal, approved on 31 August, gives priority to “optimising and strategically divesting” state utility Zesco’s operating assets from 2023, as a key element in reforms to the electricity supply industry.

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