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*ZESA loses $140m in 9 months, expected to lose $233m in 12 months* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?iw Power utility ZESA is incurring huge losses, after lossing $140 million in 9 months. This is expected to increase to $233 million by the end of the year, which is double the losss made last year of $111,4 million. ZESA Chief Executive Josh Chifamba said: ---------- Latest itel S24 available on Pindula: 128GB storage, 4GB RAM $119 USD WhatsApp: +263715068543 Calls: 0772464000 Buy Online: https://www.pindula.co.zw/market/itel-s24-128gb-22-20240426142756795795/?s=wanews ---------- > We are actually haemorrhaging as it is. We are selling power at below cost. > The utility has not been awarded a tariff increase since 2011 and there has been no financial provision for the temporary emergency power plant and this has negatively affected the financial position of the utility. More: The Source _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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