Mismanagement of funds at ZESA the major contributor of load shedding …Audit

By Staff Reporter An audit report by Price WaterHouse Coopers has revealed that the currently incessant power cuts and unscheduled load shedding are a result of mismanagement of funds by ZESA and its subsidiaries. The audit revealed that besides other many ills, top managers were also splashing money on top of the range vehicles which they …

The post Mismanagement of funds at ZESA the major contributor of load shedding …Audit appeared first on Open Parly.

Read more
Mismanagement of funds at ZESA the major contributor of load shedding …Audit

By Staff Reporter An audit report by Price WaterHouse Coopers has revealed that the currently incessant power cuts and unscheduled load shedding are a result of mismanagement of funds by ZESA and its subsidiaries. The audit revealed that besides other many ills, top managers were also splashing money on top of the range vehicles which they …

The post Mismanagement of funds at ZESA the major contributor of load shedding …Audit appeared first on Open Parly.

Read more
ZESA Owed Over $1 bn, Gvt Arms,Local Authorities Fingered

The Zimbabwe Electricity Transmission and Distribution Company, (ZETDC), a subsidiary of ZESA Holdings is battling to recover over $1 billion in unpaid power utility bills it has emerged. The unpaid bills which are estimated at $1,2 billion are a result of defaulters mainly state-owned enterprises and local authorities. Addressing members of the media after the 21st …

The post ZESA Owed Over $1 bn, Gvt Arms,Local Authorities Fingered appeared first on Open Parly.

Read more