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HomeCompaniesElectricity exports for private power trader ‘Kanona’ shoot up by over 100%

Electricity exports for private power trader ‘Kanona’ shoot up by over 100%

Official statistics obtained by the Zambian Business Times (ZBT) confirm a remarkable surge in power exports by privately owned electricity trader Kanona Power Company Limited, with annual exports from Zambia increasing by more than 106%.  This development, however, comes at a time when Zambia was facing a severe electricity crisis, largely attributed to drought-induced low water levels, which resulted in excessive load shedding, sometimes lasting up to 21 hours a day for households, before easing later in the year. During this period, state-owned ZESCO, Zambia’s largest power utility, was compelled by key stakeholders to reduce power exports to address domestic...

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