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JUST IN: ZETDC in buy and hire row - Zimbabwe Situation

JUST IN: ZETDC in buy and hire row Zvamaida Murwira Senior Reporter Zesa’s distribution subsidiary, Zimbabwe Electricity and Distribution Company, is hiring equipment to locate underground cable faults at a high charge while delaying payment to a firm that won a tender to supply the same equipment last year. BT Critical said it successfully bid for the supply of US$1 million equipment but claims Zesa’s subsidiary is hiring identical equipment for US$1,4 million a year, although the hiring company said that the actual figure is a great deal lower, and is in fact a charge for a service, not for hiring equipment, and ZETDC just uses the fault-finding service when it needs to.

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