Zambia’s President Edgar Lungu has reversed a sharp increase in electricity tariffs aimed at generating revenue for investment in additional supply.

He said the hike had ended up hurting the poor, a presidential spokesman said on Monday.

READ ALSO  NBA faults using caretakers to run LGAs

Zambia’s state power utility — Zesco Ltd — had on Dec. 3 increased the average price of electricity to 10.35 U.S. cents per kilowatt hour from six U.S. cents.

READ ALSO  Card Readers: Bode George tasks INEC on contingency plan

“The president directed Zesco to revert to the old tariffs until measures are put in place to ensure that poor consumers are protected,” presidential spokesman Amos Chanda said.

READ ALSO  We have right to freeze your accounts – EFCC fires back at Fayose

Mining companies were unaffected by the increase because they have separate bulk power supply agreements with Zesco and power supplier Copperbelt Energy Corp (CEC).


AdAre you a One Minute Man? This Nafdac Approved Solution Would Help you Last 30mins+ with no side effects