Zimbabwe–ZESA Advocates for Energy Laws

Zimbabwe's state-owned power utility, ZESA Holdings, represented by its Board Chairperson, Sydney Gata, has called for the introduction of special energy investment laws to attract private sector funding and enhance regional energy integration. At a recent energy conference, Gata emphasized that streamlined regulations and incentives are critical to boosting Zimbabwe’s renewable energy development and ensuring efficient cross-border electricity trade.

Statistics & Insights:
Zimbabwe faces a power deficit, with demand at over 2,000 MW and domestic production at 1,600 MW. Gata emphasized the need for policies to bridge this gap and attract investment, projecting improved capacity through regional energy integration initiatives.

Future Implications:
If enacted, special energy investment laws could attract millions in funding by 2025, aiding Zimbabwe’s transition to renewable energy and increasing regional power-sharing initiatives. This move may also reduce dependency on electricity imports from neighboring countries.

Source: Chronicle