ZESA to receive payments in forex

INFORMATION minister Monica Mutsvangwa says government has approved an arrangement between Zesa Holdings (Zesa) and some hotels in Zimbabwe, which will see the state-owned power utility receiving payment in foreign currency. This comes as the southern African country has been suffering prolonged load shedding caused partly by depressed electricity generation at Lake Kariba, as well…

Subscribe to read full article. Subscribe today

Related posts

Business applauds easing of ZiG reins

Trade wars weigh on global economy: IMF

Concerns over poor town planning