HARARE – The Zimbabwe Electricity Transmission and Distribution, a subsidiary of ZESA Holdings, has increased electricity tariffs by 30% with effect from 26 May, 2021, ENN reports.
This development has come at a time demand for electricity is soaring as the country enters its winter season stretch.
Zimbabweans have endured an inflationary environment for long as prices of basic commodities continue to rise, largely triggered by utility price adjustments initiated by the government of Zimbabwe. In April this year, Government increased fuel prices, making Zimbabwean fuel the most expensive in the world.
The latest electricity tariff hike will trigger a new wave of price increases in Zimbabwe. This increase in the cost of living is coming at a time the country is grappling with the socio-economic effects of Covid-19 on its citizens.