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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?gf 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 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > 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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