POWER utility Zesa is continuing to reel from its US$350 million foreign debt that is negatively impacting electricity supply in the country, it has emerged.
As a result, Zesa is — for example — being forced to export 80 megawatts of electricity to Namibia every day, in a bid to service part of the huge debt.
In a report that was tabled in Parliament on Tuesday this week by the portfolio committee on Energy, it was made clear that Zesa’s debt situation had become desperate.