Parliament heard yesterday that the Zambia electricity supply corporation ZESCO raised 112 billion kwacha from the export of electricity to neighboring countries between 2007 and 2009.
Energy deputy Minister Imasiku Lubinda revealed that in 2007, ZESCO raised 22 billion kwacha alone, while in 2008, it racked 19 billion kwacha.
Mr. Lubinda also stated that last year, Zambia’s largest power utility company managed to raise 71 billion Kwacha.
He stated that five countries namely, Botswana, Namibia, Congo DR., Tanzania, Mozambique as the recipients of power from ZESCO.
He also said that the Zambia’s strategic position has made it possible for it to export power to other countries.
And Energy Minister Kenneth Konga has revealed that there is need for Zambia to invest in other energy areas.
Mr. Konga also told parliament that efforts are being made to ensure that Zambia is in track to explore other areas of energy.
He stated that if Zambia remains stagnant, then Zambia’s development in the energy sector will never be achieved.
[ QFM ]
Where did all this money Go? To fund RB’s numerous trips? Well, Zesco should not make consumers suffer due to their inefficiency.
Doc of national planning wants all this revenue to go to some other country. We are erasing our identity and sovereignty. We are erasing symbols that will tell the next generation that Zambia is our own land, that we are independent and self-reliant enough to manage our own resources.
If they made such good money why are their services so poor?
its sasd that they made all that money from exports and yet they are still charging us so hire. Whats wrong with our leaders kanshi?
Ba phykala then why ama blackouts pa Zed? Ama benz na ma Audi are the labels of Zesco
Then why ama blackout you pipo? Where does the money go? Ama Audi na ma Benz, te?
#1Mpangulu well am sure ZESCo has costs associated with providing electricity. Dont yo think the money good have gone to that. Oh and the ZESCO accounts are available if you go their offices. Sop being a cry baby
#3.Katingo that is not that much money in the electricity business . Thats only US22 million. A large hydro costs like the the range of 5 billion dollars
#3, I support you. surely they cant collect good moneys from all mentioned countries if they are providing poor services for them. Ba ZESCO tabakacinje. in bemba we say “wamya inganda yobe, elyo uwamye neyamunobe” unfortunately our power company ku ma neighbours balashaina while we are in black outs. Our energy minister is also comfortable with that. ama tarrifs no ni sotambe……….
:((why the rates are so high and poor services WATS UP ZESCO