Home » LEGAL MATTERS: Exporters’ forex payments towards Zesa bills …an analysis of SI 131/22

LEGAL MATTERS: Exporters’ forex payments towards Zesa bills …an analysis of SI 131/22

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The Exchange Control (Payment for Electricity and Related Services in Foreign Currency by Exporters and Partial Exporters) Order, 2022 was published in Statutory Instrument 131/22 on July 11, 2022. I will refer to it as SI 131/22. It grants power to Zesa Holdings (Zesa) to charge exporters and partial exporters for electricity in foreign currency…

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