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ZESCO explains tariff adjustments




ZESCO the power utility company in Zambia, has provided an explanation for the recently approved upward tariff adjustment, emphasizing its positive impact on reliable service delivery. Fitzpatrick Kapepe, ZESCO’s Head of Business Development, delivered a presentation to shed light on the matter.

During the presentation, Mr. Kapepe highlighted that the implementation of cost reflective tariffs would contribute to the financial stability of the institution. He further elaborated on the challenges faced by ZESCO in 2019 and 2020, where significant losses were incurred due to the inability to meet electricity generation and distribution targets, primarily attributed to high operational costs.

The prevailing economic conditions, including factors such as economic growth, inflation, and exchange rates, have hindered ZESCO’s service delivery capabilities. Mr. Kapepe asserted that the newly adjusted tariffs would serve as a means to cushion the impact of these factors, allowing ZESCO to enhance its service quality.

The Energy Regulations Board (ERB) approved ZESCO’s application to adjust its tariffs upward to be more reflective of costs back in April of this year. Since then, ZESCO has taken the necessary steps to implement the new tariffs for its diverse range of clientele. This includes metered clients, maximum demand clients, and social service clients, with the adjustments set to span over a five-year period from 2023 to 2027.

The tariff adjustments have been carefully designed to align ZESCO’s revenue streams with the operational costs incurred in generating and distributing electricity. By attaining cost reflective tariffs, ZESCO aims to address its financial challenges and pave the way for a more reliable and sustainable power supply to the people of Zambia.

ZESCO remains committed to fulfilling its mandate of providing efficient and affordable electricity services to the nation. The company is confident that the tariff adjustments will contribute significantly to its financial stability, enabling continued investment in infrastructure, maintenance, and capacity expansion, ultimately leading to improved service delivery for all its customers.

As ZESCO moves forward with the implementation of the adjusted tariffs, it remains dedicated to engaging with stakeholders, including customers, to ensure transparency and address any concerns related to the tariff adjustments.

In other news – Losing you has taught me to be brave — Rosa remembers Jamie Bartlett on his death anniversary

Jamie Bartlett is remembered by his girlfriend, Rosa Onious on his 1st year death anniversary. Rosa took to her Instagram account to speak of how she’s been surviving with the pain of losing her lover. She further revealed that time does not heal; she also spoke of her plan to fulfill the promise of writing a book in his honour.

“Losing you has taught me to be brave, it made me realise the strength I never knew I had nor ever awarded myself.Learn More

Zambia News

President Hichilema to Visit Seseli Mine




Seseli Mine in Chingola

President Hakainde Hichilema is scheduled to visit Seseli Mine in Chingola on the Copperbelt, where a number of illegal miners find themselves trapped in a flooded open-pit mine. The announcement was made by Copper Minister Elisha Matambo during a press briefing in Chingola, reflecting the government’s commitment to addressing the critical situation.

Minister Matambo expressed confidence in the measures and interventions implemented by the government, ensuring that the ongoing rescue mission will reach the trapped miners. The President’s visit underscores the gravity of the situation and the government’s hands-on approach in coordinating the rescue efforts.

Mines Minister Paul Kabuswe provided further assurance, stating that safety precautions are rigorously being followed to maximize the chances of a successful rescue operation. He emphasized that the government has engaged with families affected by the incident, with twenty-seven families having come forward to claim missing relatives.

Source: aljazeera

In other news – It all ended in tears for Faith Nketsi

News that well-known Mzansi reality TV star and influencer, Faith Nketsi whose full name is Mapholoso Faith Nketsi was finally divorcing her short-term husband Nzuzo Njilo was met with relief from fans of the reality star and businesswoman.

Faith Nketsi

The reason behind the celebration of the divorce was because Faith’s brand took some knocks when her husband’s corrupt business ways were aired on the covers of Mzansi’s biggest. Read more

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Zambia News

PF MPs Urged to Embrace New Leadership Dynamics in National Assembly




Robert Chabinga

The leader of the opposition in Parliament, Robert Chabinga, has commended President Hakainde Hichilema for demonstrating a spirit of unity and magnanimity towards his predecessor, former President Edgar Lungu. In the midst of heightened provocations, Mr. Chabinga emphasized that President Hichilema and the United Party for National Development (UPND) are not responsible for the challenges within the former ruling Patriotic Front (PF).

Speaking from his position as the Member of Parliament for Mafinga, Mr. Chabinga advised PF Members of Parliament to acknowledge the changed leadership in the National Assembly. He urged them to embrace discipline and decorum in the legislative body, emphasizing the importance of non-political conduct and effective representation aligned with the wishes of the electorate.

“President Hichilema has demonstrated love towards his predecessor, former President Lungu, even in the face of heightened provocation. The challenges within the PF should not be laid at the doorstep of President Hichilema and the UPND. It is essential for PF MPs to accept the new reality and move forward,” stated Mr. Chabinga in a statement issued to ZNBC News in Lusaka.

He underscored the importance of maintaining discipline in the National Assembly, urging MPs to prioritize the interests of the people who elected them. Mr. Chabinga emphasized the need for constructive checks and balances from opposition MPs, fostering an environment of cooperation and effective governance.

“Opposition MPs have a crucial role in providing constructive checks and balances in the House. It is imperative for all MPs to refrain from antagonizing one another and focus on contributing positively to the legislative process,” added Mr. Chabinga.

Source: Lusakatimes

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