Zimbabwe Increases Electricity Tariff by 320 Percent
Published on October 9, 2019 at 12:24 PM by Flora Mitumba
Zimbabwe has increased the average electricity tariff by 320-percent to let the state power utility ramp up production and improve supplies at a time of daily rolling power cuts.
The National Regulatory Energy confirmed this on Wednesday.
Power cuts lasting up to 18 hours have hit mines, industry, and homes and, together with a devastating drought, have been cited by the treasury as among the main reasons why the economy is set to contract by up to six-percent this year.
