HARARE, Aug. 19 (NewsDay Live) — Government says Zimbabwe’s improved electricity supply can be sustained, with Energy and Power Development Minister July Moyo attributing the end of load-shedding to increased generation capacity and lower demand.
Moyo said the government was working to ensure the current supply surplus was maintained.
“There has been an increase on the supply side over demand, that’s why we have not been experiencing load-shedding and we want to make sure that this can continue,” he said.
He said cost-reflective tariffs had also strengthened Zesa’s ability to build financial reserves to cover potential supply shortfalls.
“Thanks to the cost-reflective tariffs, they are able to put money aside to cover whatever shortfall we can have,” Moyo said.
The assurance comes as Cabinet approved the restructuring of the Zesa Group as part of efforts to achieve energy self-sufficiency by 2030.
Cabinet said the restructuring had entered its implementation phase following the transfer of Zesa Group’s shareholding to the Mutapa Investment Fund.
Under the new structure, generation, transmission, distribution, system planning and commercial services will be consolidated under Zesa (Private) Limited.
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Government says the model will reduce fragmentation and improve coordination in generation, outage management, maintenance planning, load forecasting and investment.
“The strategic corporate restructuring intends to create a bankable, accountable and operationally integrated electricity platform,” Cabinet said.
The reforms are intended to strengthen Zesa’s financial and operational capacity while ensuring more reliable electricity supplies as Zimbabwe pursues energy self-sufficiency by 2030.
