Cash crunch stalls Kariba rehab

SERIOUSLY depleted nostro accounts have derailed progress in the refurbishment of the Kariba South Power Station.

This emerged at a tour by the Parliamentary Portfolio Committee on Mines and Energy yesterday, where legislators questioned the time the project was taking to be completed.

“We have a challenge of foreign currency and this has led to delays in the procurement of equipment, which is being used in the construction of the power station,” Kenneth Maswera, the general manager at the power station, said.

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