Zimbabwe launched a new energy policy (NEP) on September 6 in the light of continuous power pitfalls. The country recently knocked on South Africa and Angola’s door for $400 million, while also having to supply neighbors with power from previous agreements.
The MDC vice president and acting prime minister Thokozani Khupe said the policy would help investors and consumers confidence and a clear direction to move forward in the country’s energy sector. "It strikes the right balance in recognizing the roles of government, utilities, regulator, private investor, and industry in delivering sufficient energy for our shared vision," he said.
He said the development of the NEP has been framed around the need to enable the people of Zimbabwe to have full access to modern energy sources by 2040. The policy defines the immediate-, medium-, and long-term strategies to increase generation capacity in the country.
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