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Zimbabwe: Zesa hikes tariffs and seeks dollars for exporters

Issue 472 - 06 Nov 2022 - By Tonderayi Mukeredzi | 1 minute read

State utility Zimbabwe Electricity Supply Authority (Zesa) has increased tariffs for exporters and introduced US dollar charges for all foreign currency-earning companies, to boost its forex purse. Zesa is grappling to meet a growing demand for electricity fuelled by a mining economy which is targeting $12bn annual production by 2023.

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