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The Financial Gazette
The Financial Gazette
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ZESA scandal

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Another ZESA scandal

THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) bungled its tender for prepaid meters, resulting in the ZESA Holdings subsidiary losing millions of dollars in potential revenue as the system that it eventually adopted is not foolproof. Power experts revealed to the Financial Gazette that ZETDC’s design engineers erred when…

Opinions

Losers always complain

EDITOR — Your story “ZESA in US$183m scandal” refers. How do you define a scandal? There is nothing scandalous about adding more electricity to the national grid. It is common cause that losers always complain and create arguments based on no factual edifice. If Highlanders wins people complain…

  • March 20, 2014
Uncategorized

ZESA in US$183m scandal

GOVERNMENT’S designated procurement agency, the State Procurement Board (SPB) and the Zimbabwe Power Company (ZPC) — a subsidiary of ZESA Holdings — have been drawn into a scandal involving the awarding of a US$183 million tender to losing bidders, the Financial Gazette can reveal. Sometime last year, ZESA’s flagship business…