Zambia’s Zesco says electricity deficit growing after S. Africa’s Eskom deal expired


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Zambia’s Zesco says electricity deficit growing after S. Africa’s Eskom deal expired

Zambia, the Southern African nation with one of the fastest growing economies in the continent with an unemployment rate of 7.2 per which depends mostly on copper mining and processing for its FX reserve, had been facing off a steep power shortage, as the Southern African nation’s state-backed utility firm Zesco said in a statement late on Friday, the 13th of March 2020, that its power deficit grew by nearly 20 per cent over the course of past six months after expiration of a power import deal with S.

Africa’s utility firm Eskom. As a matter of fact, Zambia, economy of which grew by 1.8 per cent last year despite a number of droughts which had been worsening the power shortage further, had been failing to grapple with a growing demand of electricity in the agriculture dependent nation despite a number of massive price hikes alongside Government-backed green energy projects.

Amid such slanderous outlook over the nation’s power supply, Zambia’s state-backed utility firm, Zesco’s Director of Corporate Services Patrick Mwila said in an emergency press briefing on Friday (March 13th) that a slew of drought-induced electricity shortages had led to an electricity shortage of 810 megawatts compared to a shortage 690 megawatts six months earlier, while termination an import deal of 300 megawatts of electricity from South African utility firm, Eskom had added to further desolations.