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Labrish
Nyuuz
Zimbabwe, Zambia juice up Kariba deal, energy ties surge
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[QUOTE="Munyaradzi Mafaro, post: 80919, member: 636"] Two countries just met to stop fighting over electricity. The Zambezi River Authority council session started in Victoria Falls with officials from Zimbabwe and Zambia. Key people there included Energy Ministers, July Moyo from Zimbabwe and Makozo Chikote from Zambia. Finance Chiefs Mthuli Ncube and Situmbeko Musokotane joined online, along with attorneys general from each nation. The head of the authority, Munyaradzi Munodawafa, and power company bosses from ZESA and ZESCO were also present. The ministers opened the meeting with positive news about water levels. Recent data showed much better flow in the Zambezi River compared to the previous year. This means more potential for hydropower and better water security for both nations. Moyo pointed out a big fix to their financial issues, noting an agreement on an old debt Zambia was owed called Ex-CAPCO. He also praised the authority's work managing Lake Kariba during tough times. The leaders have been told to hurry up on the Batoka Gorge dam project. Moyo stressed that their power grids are linked and managing shared resources is key to growth. Zimbabwe is taking over leadership of the council with this meeting, aiming to use its shared river for mutual benefit and regional energy stability. [/QUOTE]
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Labrish
Nyuuz
Zimbabwe, Zambia juice up Kariba deal, energy ties surge
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