Environmentalists warn massive power tariff hike will aggravate Zambia’s deforestation

Environmental stakeholders are warning that the massive power tariff hike by Zambia’s power utility company will aggravate deforestation. ZESCO’s power tariff increase of 50% came into effect yesterday. The remaining 25% will kick in on September 1. “Trees will come down at a faster rate as more people are forced…

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Zambian farmers angry over electricity price hike

Zambian farmers say the approval of the electricity price hike of 75% by the country’s energy regulator will spell doom for the agriculture sector. The ERB acting board chairperson yesterday announced that the power tariff adjustment applied to all consumer categories, excluding mines, where negotiations are continuing with the national…

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‘75% power hike will cripple agriculture’ – financial expert

A financial expert warns the proposed 75% power hike by the national power company ZESCO will cripple the agriculture sector. Financial analyst and management expert Richard Mbewe says the increase in power tariffs will trigger galloping inflation. “Everything that involves electricity, including agriculture, will see price increases. With everything going…

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More labour intensive industries moving up into Africa

The high cost of electricity, labour legislation and land reform in South Africa mean labour intensive agricultural industries are set to move to African countries with more favourable conditions. “There are certain industries that are slowly moving past South African borders, like the banana industries that moved to Mozambique,” said…

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