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The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has responded to rumours of a massive 150% tariffs increase on Friday.
In a statement issued Thursday, the power company said:
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) would like to advise its valued customers that it is not increasing electricity tariffs by 150% starting Friday, 150 March 2019 as is being reported on social media.
ZETDC would like to express its concern over the malicious social media messages that are urging consumers to buy electricity in bulk in order to beat a purported 150% increase in the price of power. The power utility urges consumers to disregard the misleading social media messages that are creating unnecessary panic buying and inconvenience to consumers.
Tariff increase is a process that is not haphazardly implemented but is done through a thorough consultative process in consultation with consumers, the regulator and shareholder, among other key stakeholders.
The inconvenience caused is sincerely regretted.
There is although a report that tariffs could go up by between 25 and 30%, according to a report in NewsDay.
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