100% Hike in Electricity Tariffs but Loadshedding Persists
Some unlicensed fuel dealers are advertising fuel on social media promising to provide the product at low prices
ZESA Hikes Electricity Tariffs By More Than 100%
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of ZESA Holdings, has increased electricity tariffs with effect from 06 June 2023.
In a notice, ZETDC said consumers will get the following on their first purchase (domestic tariff):
50 Units / kWh – $3 755.00
100 Units / kWh – $11 280.00
150 Units / kWh – $24 450.00
200 Units / kWh – $37 630.00
Meanwhile…
ZERA Warns Unlicensed Fuel Dealers
The Zimbabwe Energy Regulatory Authority (ZERA) has warned illegal fuel dealers that they risk prosecution.
This comes as some unlicensed fuel dealers are advertising fuel on social media platforms promising to provide the product at low prices.
In a statement, ZERA said it is a serious offence for any unlicensed company to buy or sell fuel without the requisite license. Reads the statement:
It has come to the attention of the Zimbabwe Energy Regulatory Authority (ZERA) that there are some illegal fuel dealers offering fuel for sale to retailers and the public via social media.
Trade in petroleum products is a regulated activity that must be conducted in terms of relevant licenses and license conditions.
In terms of the Petroleum Act Cap 13:22, no person other than a licensed petroleum company shall procure or sell or produce petroleum products in the country.
