POST Online Media Lite Edition


Zimbabwe averts going dark after partial debt payment to S. Africa

Staff Writer |
Zimbabwe has paid $10 million out of the 43 million dollars it owes South Africa's power utility, averting potentially crippling power outages in the country, Energy Minister Samuel Undenge said Monday.

Article continues below

The minister was quoted by the state-run news agency as saying that Zimbabwe will not be plunged into darkness as the government was in the process of mobilizing more funds to settle the debt.

Zimbabwe's power utility ZESA Holdings owes South Africa's Eskom 43 million dollars in power imports, and is struggling to pay off the debt due to foreign currency shortages in the country.

ESKOM recently threatened to cut off supplies to Zimbabwe if the debt was not paid by May 31.

Eskom supplies 300 megawatts (MW) of electricity to Zimbabwe daily to help the country offset a power deficit due to low generation capacity.

What to read next

'Crocodile' returning to Zimbabwe to take over presidency
Zimbabwe, South Africa ground flights in dispute over permits
Army takes control of Zimbabwe, Mugabe under house arrest