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Zimbabwe quadruples electricity prices
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Picture of Fjold
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It shouldn't affect the operators in the field with generators but their homes will be impacted.

https://www.yahoo.com/news/1-z...rices-080829721.html


Zimbabwe quadruples electricity prices, pummeling impoverished consumers

Zimbabwe hiked its average electricity tariff by 320% on Wednesday to ramp up power supplies at a time of daily blackouts, but the move will anger consumers already grappling with soaring inflation that is eroding their earnings.

The southern African nation is experiencing its worst economic crisis in a decade, seen in triple-digit inflation, 18-hour power cuts and shortages of U.S. dollars, medicines and fuel that have evoked the dark days of the 2008 hyperinflation under late President Robert Mugabe.

The second increase in the price of electricity inside three months follows sharp rises in fuel and basic goods prices in the last week. But salaries have not kept pace, prompting citizens to blame President Emmerson Mnangagwa's policies for the crisis.

The Zimbabwe Energy Regulatory Authority (ZERA) said it had approved an application by Zimbabwe Electricity Transmission and Distribution Company (ZETDC) to raise the tariff to 162.16 cents (10.61 U.S. cents) from 38.61 cents.


Frank



"I don't know what there is about buffalo that frightens me so.....He looks like he hates you personally. He looks like you owe him money."
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Posts: 11697 | Location: Bakersfield CA. USA | Registered: 30 December 2002Reply With Quote
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Picture of cal pappas
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Why does this not surprise me?
Cal


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Cal Pappas, Willow, Alaska
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www.CalPappas.blogspot.com
1994 Zimbabwe
1997 Zimbabwe
1998 Zimbabwe
1999 Zimbabwe
1999 Namibia, Botswana, Zambia--vacation
2000 Australia
2002 South Africa
2003 South Africa
2003 Zimbabwe
2005 South Africa
2005 Zimbabwe
2006 Tanzania
2006 Zimbabwe--vacation
2007 Zimbabwe--vacation
2008 Zimbabwe
2012 Australia
2013 South Africa
2013 Zimbabwe
2013 Australia
2016 Zimbabwe
2017 Zimbabwe
2018 South Africa
2018 Zimbabwe--vacation
2019 South Africa
2019 Botswana
2019 Zimbabwe vacation

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Posts: 5832 | Location: Willow, Alaska | Registered: 29 June 2009Reply With Quote
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When electricity goes up, all fuel cost go up. Or is it the other way around? Maybe they have some special teenage "Greenies" running the show.
 
Posts: 316 | Location: New Mexico | Registered: 03 February 2013Reply With Quote
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Nope, they hired Obama as a consultant: "Electricity prices will inevitably skyrocket".


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Posts: 2415 | Location: Texas | Registered: 07 June 2003Reply With Quote
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I’m in ground zero...what a disaster this country has become


" Until the day breaks and the nights shadows flee away " Big ivory for my pillow and 2.5% of Neanderthal DNA flowing thru my veins.
When I'm ready to go, pack a bag of gunpowder up my ass and strike a fire to my pecker, until I squeal like a boar.
Yours truly , Milan The Boarkiller - World according to Milan
PS I have big boar on my floor...but it ain't dead, just scared to move...
 
Posts: 10084 | Location: In mountains behind my house hunting or drinking beer in Blacksmith Brewery in Stevensville MT | Registered: 27 December 2012Reply With Quote
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So very, very sorry for what used to be the breadbasket and food exporter of southern Africa. I wonder what the way out of this mess might be.


The language of God is science.
 
Posts: 12413 | Location: Alamogordo, NM | Registered: 03 June 2000Reply With Quote
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Picture of cal pappas
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quote:
Originally posted by Bill/Oregon:
So very, very sorry for what used to be the breadbasket and food exporter of southern Africa. I wonder what the way out of this mess might be.


Return to minority rule is the only way. The colonial days were the best thing that happened to Africa.
Cal


_______________________________

Cal Pappas, Willow, Alaska
www.CalPappas.com
www.CalPappas.blogspot.com
1994 Zimbabwe
1997 Zimbabwe
1998 Zimbabwe
1999 Zimbabwe
1999 Namibia, Botswana, Zambia--vacation
2000 Australia
2002 South Africa
2003 South Africa
2003 Zimbabwe
2005 South Africa
2005 Zimbabwe
2006 Tanzania
2006 Zimbabwe--vacation
2007 Zimbabwe--vacation
2008 Zimbabwe
2012 Australia
2013 South Africa
2013 Zimbabwe
2013 Australia
2016 Zimbabwe
2017 Zimbabwe
2018 South Africa
2018 Zimbabwe--vacation
2019 South Africa
2019 Botswana
2019 Zimbabwe vacation

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Posts: 5832 | Location: Willow, Alaska | Registered: 29 June 2009Reply With Quote
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