ZESA Debt Could Plunge Country Into Darkness
The Herald reports that Mozambique could pull the switch that supplies Zimbabwe with electricity. This is because Zimbabwe is said to owe an estimated US$5 million debt.
Zimbabwe requires in total about 1900 to 2200 megawatts; ZESA produces between 900 megawatts to 1200 megawatts that would mean a shortfall of about 500 megawatts.
Such a move by Maputo would adversely affect many homes but more importantly industries such as mining and manufacturing. That is exactly the kind of thing that the country does not really need at this time.
The sad bit is unless Zimbabwe works out some deal with Mozambique it is very possible that whole nation faces the possibility of being plunged into darkness over a US$5 million debt.
But how much exactly is US$5 million dollars? US$5 million dollars is what some top soccer players earn in a year. US$5 million is change to Alex Rodriquez the American baseball player who signed a ten year 275 million dollar contract for playing for the NY Yankees.
It is kind of depressing when you think of it.