KONKOLA Copper Mines Plc (KCM) is still receiving electricity from the Copperbelt Energy Corporation (CEC) without paying for the commodity, contrary to the Electricity Act, says CEC chief financial officer Mutale Mukuka. And Mukuka says assertions that the utility’s power tariffs are three times higher above what the Energy Regulation Board (ERB) authorises are not true, explaining that CEC’s tariff structure falls within the acceptable parameters of the Act. In an interview, Mukuka disclosed that KCM was still not paying its huge electricity bill owed to the Kitwe-based power utility,...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe