Zimbabwe to potentially lose power for defaulting on payments - "Get away from that electricity, I'm cutting it down!"

In news from the lolcow nation from Central Africa, it appears that the entire country of Zimbabwe faces the imminent potential of losing its power supply for being either unwilling or unable to pay for electricity imports.

The Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of ZESA, has defaulted on payments for power supplies from Eskom of South Africa and Hydro Cahora Bassa of Mozambique.

It has also failed to pay for power supplies from a sister firm, the Zimbabwe Power Company (ZPC) and the Dema Diesel Power Plant, which was constructed by private players recently to plug a generation gap in the country.

The Financial Gazette is reliably informed that ZESA owes the four suppliers about US$734 million. Of this amount, US$715 million is reportedly owed to the ZPC and Dema Diesel Power Plant, whose establishment was a subject of contention between government and ZESA.

Unable to pay for electricity imports due to godawful planning and internal infrastructure. Another victory for the Mugabe regime.

 

[DZ 305]

In news from the lolcow nation from Central Africa, it appears that the entire country of Zimbabwe faces the imminent potential of losing its power supply for being either unwilling or unable to pay for electricity imports.



Unable to pay for electricity imports due to godawful planning and internal infrastructure. Another victory for the Mugabe regime.

Yeah...soverign debt is like fire. A very powerful tool that can be managed when you be responsible, and pretty much nonnegotiable

 

[AnOminous]

Unable to pay for electricity imports due to godawful planning and internal infrastructure. Another victory for the Mugabe regime.

If the country had any sense they'd beg the British to come back and turn it back into Rhodesia.

 

[Without A Gout]

If the country had any sense they'd beg the British to come back and turn it back into Rhodesia.

Well, the already forced and strong-armed all of the white people out of their country and lands because of racism... only to beg for them to come back because nobody actually knew how to farm and Mugabe just gave the lands to his cronies.

The same damn thing is apparently happening in South Africa over the past few years.

 

[neverendingmidi]

My parents had the electric company come to turn off their power in Mexico when they lived there for a bit (they had just moved into the house and hadn't had a chance to give the tip/bribe to the postman yet so their mail wasn't delivered), and a guy with a pair of shears shows up to cut the electricity. They bribed him, he went away and they paid their bill (it was something like $4 US, this was a while ago) and everything went on fine.

Now I'm picturing a person on Zimbabwe's border, holding a pair of shears to cut off the electricity.

 

[Without A Gout]

...a guy with a pair of shears shows up to cut the electricity.

Who uses a pair of metal shears to cut off an active current of electricity? Unless there's a buffer in between the metal and the electricity, that sounds dangerously stupid.

 

[neverendingmidi]

Who uses a pair of metal shears to cut off an active current of electricity? Unless there's a buffer in between the metal and the electricity, that sounds dangerously stupid.

A guy installed a light in that house. His "voltmeter" was touching the wires and seeing if he got a shock. 3rd world countries are fucking insane.

Plus I'm betting that everybody bribed him to go away so it wasn't particularly dangerous for him.

 

[XYZpdq]

nobody actually knew how to farm and Mugabe just gave the lands to his cronies.

Wasn't that part of the secret to Venezuela's success, too?

 

[Without A Gout]

Wasn't that part of the secret to Venezuela's success, too?

Yes it was. They learned from the best in Mugabe.