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*Govt Approves Re-merging Of Subsidiaries To Form "One" Zesa In Order To Cut Costs* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ok Permanent Secretary in the Ministry of Energy and Power Development, Partson Mbiriri has said that the cabinet has approved a decision to remerge all Zesa related subsidiaries to reform a single company. The government has cited the high costs associated with running separate companies after Zesa was unbundled in 1997 and 2006. In a discussion at the Harare Agricultural Show on Tuesday, Mbiriri said, > Zesa used to be one company. But we created eight entities out of the one company and each one has a chief executive (officer), if not several chiefs; and each one has a vehicle which matches the title. The costs are too high. Cabinet has decided we shall revert to one Zesa. We will have a few chiefs (and) the costs will come down. It will not be a popular decision (with the management). > For Zesa Holdings and its four subsidiaries, we are in the process of amalgamating them. That will have a telling impact on the tariff. I am not saying the tariff will come down, but we might hold on to where we are as we will have a leaner administration. More: Herald ---------- Latest itel A06 on Pindula: 32GB storage, 4GB RAM $69 USD WhatsApp: +263715068543 Calls: 0772464000 ---------- _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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