Mutapa bankrolls ZETDC efficiency drive

Mutapa’s chief investment officer, Simba Chinyemba

THE Mutapa Investment Fund says it is allocating capital to the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) to help lower the cost of electricity transmission and distribution.Zimbabwe’s electricity costs remain high due to rising input expenses and tariffs, while distribution continues to suffer from limited generation capacity, poor maintenance, and inadequate investment.“Our generation costs…

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