Zesco’s proposed tariff hike: Stakeholders react
Published On August 23, 2024 » 472 Views» By Times Reporter » Business, Stories
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. Sagar

By JAMES KUNDA –
A CROSS SECTION of stakeholders in the business sector have given different perspectives to Zesco Limted’s proposed emergency electricity tariff upward adjustment.
Zambia Association of Manufacturers (ZAM) said the proposed hike, if approved by the Energy Regulation Board (ERB), would slow down the sector’s activity amidst an increased number of load shedding hours.
ZAM president Ashu Sagar said this was because manufacturers would have to pay more for the commodity while running on less hours of production as Zesco implements a 17-hour daily load management schedule effective September 1, 2024.

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