INDENI Energy Limited Board Chairperson Watson Lumba says he expects former president Edgar Lungu to understand that the current Zesco tariffs are not attractive. Last week, Lungu said the Energy Regulation Board’s decision to allow Zesco to hike tariffs was inhumane and shameful. But speaking when he featured on Diamond TV’s Diamond Live programme, Monday, Lumba said UPND was trying to remove rigidities of investing in Zambia’s power generation by ensuring that tariffs were cost reflective. “One of the rigidities is for you to have a low tariff…if I invest into the electricity business, I am going to lose money. The tariffs are not cost reflective, that’s what we are saying and already, there is a reaction to people that...

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