Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Zimbabwe to Pay Mozambique $36 Million of Debt, Herald Reports

April 12 (Bloomberg) -- Zimbabwe will pay Mozambique’s Hidroelectrica de Cahora Bassa SA $36 million this week to cut its debt and restart power imports, the Herald reported, citing Energy Minister Elton Mangoma and unidentified officials in Zimbabwe’s power utility Zesa (Pvt) Ltd.

Zimbabwe isn’t able to clear its entire debt to the Mozambican power generation company of $76 million because consumers owe Zesa about $140 million, the Harare-based newspaper said.

To contact the reporter on this story: Brian Latham in Johannesburg at blatham@bloomberg.net

To contact the editor responsible for this story: Antony Sguazzin at asguazzin@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.