Mozambique suspends power supply to Zambia over $70m debt

ELECTRICITY of Mozambique (EDM) has suspended power supply to Zesco following a debt of USD70 million.

According to a posting on Ckub of Mozambique page, Zesco’s debt to EDM was currently being addressed by the Zambian and Mozambican governments.

“Due to non-compliance by the Zambian power company, EDM suspended the supply of 111 megawatts generated by the Floating Thermoelectric Power Plant of Nacala, from the Ressano Garcia Thermal Power Plant and Gigawatt Mozambique,” according to the posting that has gone viral with commentators warning citizens to brace for increased load-shedding.

“Late last year, EDM’s chairman, Mateus Magala, said customers owe the company about USD100 million (EUR 86 million). At the time, Mateus Magala indicated that Zambia was EDM’s largest debtor, but did not quantify the amount of debt.”

1 Comment

  1. Brian Mwanza

    June 30, 2018 at 7:41 am

    Mismanagement of Zesco leading to this situation. Currently the company has no materials. No cables no conductors. Yet directors and senior management pay themselves hefty salaries. And numerous substance allowances.

Leave a Reply

Your email address will not be published. Required fields are marked *