Tag Archives: power

Business Review by Uncle Mike

COSTLY SOCIAL VENTURES… It is surprising that certain events that are costly to this nation and totally unnecessary that existed in the first and second republic are still prevalent today. I’m referring to the Practice of welcoming political leaders at … read more »

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Zesco to up power generation

ZESCO is to increase its generation capacity to 2,310 megawatts (MW) by 2014 when the Kariba North Bank Extension, Ndola Energy and other power projects come on stream. Managing director Cyprian Chitundu said in Lusaka  that the Ndola Energy projectexpected … read more »

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Cross-border traders want extended clearing hours

The Cross-Border Traders Association has appealed to the Government to consider prolonging the working hours of the country’s border facilities with no power by using solar energy. The traders’ representative Mary Katema said now that there was increased trade among … read more »

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$186m released for Kafue Gorge project

GOVERNMENT has released US$186 million for the development of Kafue Gorge Lower project. The money is from the $750 million eurobond raised by the Government last year. From the eurobond proceeds, Zesco Limited would get $255 million for improving power … read more »

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ZESCO gives Zambians load shedding relief

Zambians will this month not experience any incidences of load shedding, ZESCO Managing Director Cyprian Chitundu has disclosed. Speaking at breakfast meeting in Lusaka this morning, Mr. Chitundu however said power outages may be experienced due to faults on the … read more »

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Government signs a US$50 million loan for electricity

The Zambian government and the African Development Bank (ADB) have signed a US$50 million loan which will be used to support the Itezhi-Tezhi hydro power and transmission line project. The loan will be used towards financing the construction and operation … read more »

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ZAF plane in forced landing

A ZAMBIA Air Force (ZAF) helicopter carrying 10 passengers including Special Assistant to the President for Press and Public Relations, George Chellah, yesterday made a forced landing in Shiwang’angu area in Chinsali District after it developed a fault. The plane … read more »

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‘ZESCO power deficit situation is at a critical stage’ Sata

President Michael Sata has observed that the country’s power deficit situation is at a critical stage. President Sata has therefore directed ZESCO to carry out a feasibility study in the country and establish where more mini power hydro stations can … read more »

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Zesco Seeks $2 Billion in Debt From U.K., U.S.

Zesco Ltd., Zambia’s state-owned power utility, has sent managers to the U.K. and the U.S. in a bid to raise as much as $2 billion in debt from investors, Managing Director Cyprian Chitundu said. Standard Bank Group Ltd. of South … read more »

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