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Subscriber

An imminent increase in pump prices is expected, with the Zambian government planning to reinstate value-added tax (VAT) and excise duty from 1 October in an effort to make prices more closely aligned with market realities.

Zambia
Subscriber

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.

Zambia
Subscriber

Zambia has, in the past 12 months – and with a new International Monetary Fund facility now in place – sought to reform petroleum trading, to help reduce the government’s liabilities, including some $500m in arrears to fuel suppliers, and ensure pump prices becomes more responsive to market dynamics.

Zambia
Subscriber

Price hikes are expected to follow Zambia’s $1.3bn IMF bailout package, which should help to consolidate economic gains made in the last year. But further reform, including the divestment of state utility Zesco’s operating assets, is causing some trepidation among Zambians.

Zambia
Subscriber

The government has responded to a long-awaited report on electricity tariffs by rejecting some key recommendations, notably the consultants’ call to move to cost-reflective tariffs by raising prices for residential customers while reducing costs for businesses, including mining companies, writes Chiwoyu Sinyangwe in Lusaka.

Zambia
Subscriber

State utility Zesco has begun a search for developers and financiers to build solar PV plants in Zambia’s Southern, Western and Luapula provinces, with a total capacity of 150MW, with 50MW in each province.

Zambia
Subscriber

The precarious fiscal position of Zambia and Zimbabwe, with their heavy debts and weak risk profile, is hampering mobilisation of the $5bn needed to develop the 2.4GW Batoka Gorge hydroelectric power (HEP) project.

Zambia | Zimbabwe
Subscriber

Bioethanol producer Sunbird Bioenergy is due to start trials in August to blend petroleum with ethanol produced from cassava feedstock, with Indeni Petroleum Refinery as the off-taker.

Zambia
Subscriber

Initial works on the 2,000km Tanzania-Zambia Refined Oils Pipeline project have started. The new pipeline will take products from Dar Es Salaam to the mineral-rich northwest of Zambia near the Angola border.

Zambia | Tanzania
Subscriber

The Southern African Power Pool (SAPP) offers several potential markets using a battery: the day-ahead market where power is traded in hourly slots; intra-day which is also hourly and operates two hours in advance; and a new balancing market which is an hour ahead for 15-minute intervals.

Zambia | South Africa
Subscriber

Africa GreenCo has announced its intention to procure an additional 80MW of renewable power from Zambia and up to 500MW of renewable energy from other Southern African Power Pool (SAPP) countries, as it accelerates its plans for regional development.

Zambia
Subscriber

Power trader Africa GreenCo is requesting expressions of interest (EoI) to install a 10MW/40MWh battery system to address intermittency in its initial portfolio of projects – including a 25MW solar PV plant the company procured in September 2021 – and to facilitate load-shifting, as well as potentially trading on the Southern African Power Pool (SAPP).

Zambia
Subscriber

Zambia’s state power utility Zesco and Copperbelt Energy Corporation (CEC) have signed a 13-year bulk supply agreement (BSA), bringing to a close a two-year gap since the expiry of the previous arrangement and potentially ending a period of tension between the two bodies.

Zambia
Subscriber

Zambian national utility Zesco is seeking international developers for solar power projects, in an effort to provide alternative power sources to meet demand from mines.

Zambia
Subscriber

Africa’s top copper producers have announced plans to revive joint power projects that had remained largely abandoned for over ten years.

DR Congo | Zambia