Business Briefs

ZESA owes us no penny, says Eskom

SOUTH Africa’s State-owned power utility has dismissed reports that Zimbabwe owes US$100 million in unpaid electricity debts.

This comes as Energy and Power Development Minister, Zhemu Soda, also dismissed as untrue recent reports that Zimbabwe state owned power utility, Zesa Holdings will soon escalate load shedding after its debt to South Africa power provider Eskom Holdings increased to US$100 million.

The debt is reported to have accumulated since June 2020 when the last payment of US$10 million was paid.

Mr Soda told ZTN that Zimbabwe only owes hydro Cahora Bassa of Mozambique.

“There are false reports going around saying we owe Eskom such a huge amount of money. All our accounts with Eskom are paid for, in accordance with our agreement with the power provider. Currently we only have unpaid debts with two power providers from Mozambique and not in South Africa,“ he said.

Responding to emailed questions from ZTN the regional electricity powerhouse said Zimbabwe’s books are up to date.

“Zimbabwe does not owe Eskom of South Africa anything for electricity supply, all their accounts are fully paid for.” 🔺

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