‘Sub-optimal power tariffs discouraging investors’

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ZIMBABWE Regulatory Authority (Zera) chief executive officer Edington Mazambani says the electricity tariff regime is still not cost-reflective despite three successive 50 percent increases this year. Speaking during an online engagement with the Zimbabwe National Chamber of Commerce (ZNCC), Mazambani said the current power tariff was sub-optimal and does not encourage investment into the energy…