75% Electricity tariff hike a must, plead David Mabumba Victor Mundende
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By Derrick Sinjela ENERGY Minister David Mabumba and Zesco limited Managing Director Victor Mundende say the 75 per cent electricity tariff hike is a must. Both Mr. Mabumba and Mr. Mundende says the adjustment has been necessitated by the economic environment and a dire need to attack investment in hydro electric power generation. During a 4th Tuesday April 2017, Zesco RETAIL TARIFF APPLICATION Media Brief Presentation at Government Complex in Lusaka, Mabumba and Mundende say inflation had previously risen from an average of seven to 22 per cent and low copper prices at US$ 4,5000, worsened by reduced income is...