News broke at the end of January that the Government had increased electricity tariffs for the mining sector to $10.35c per Kwh. Mining firms consume about 55% of electricity generated in Zambia at rates of as low as $5.6c per Kwh. They weren’t subject to the December 2015 raise which was reversed (for now!) in January 2016.
ZESCO to cut as much as 600 MW of power as a consequence of low water levels at dams
Zambia will probably cut power generation by more than a quarter as poor rainfall causes dam levels to drop in Africa’s second-biggest copper producer, Mines, Energy and Water Development Deputy Minister Charles Zulu said. The country may reduce power supply by as much as 600 megawatts from about 2,200 megawatts, he said Tuesday by phone. (Read more)
Trying to decipher this puzzle that is Zambia by using a variety of publicly available data (structured and unstructured) in conjunction with my own skill/experience. * * *