Tag Archives: Zesco Ltd.

04Jan/16

UPDATE – Zambia sets 2016 election date, scraps power price hike

* President to ratify election date on Tuesday

* Orders reversal of power price hike

* Winning candidate needs more than half of vote (Adds power price hike reversal, analyst)
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01Sep/15

Power cuts in Zambia threaten big and small business

Intermittent power supply threatens Zambia’s key sectors of economic growth with business owners experiencing regular power cuts that they say are eating into profits. Mining companies operating in Zambia’s copper belt recently agreed to reduce power usage by between 10 and 15 percent to ease pressure on the national grid after water levels at hydro-electric plants dropped due to drought.

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