ERB Board Chairperson James Banda says the recently increased Zesco tariffs cannot be reversed. And Banda says Zesco’s failure to stick to its power cut schedules is worse than load shedding itself. Asked if the board would consider reducing the recently approved Zesco tariffs during Hot FM’s Red Hot Breakfast, Monday, Banda said there was no decision to change the tariffs. “The issue of investment in the energy sector, the issue of tariffs, is always at play. When one invests in anything, the idea is to get a return. The level of investment I believe could have been affected by the tariff levels. Now, if the tariff levels are not cost reflective, it’s not good for the investor. No sensible...

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