Zimbabweans could face the biggest increase in the cost of power since dollarisation after the Zimbabwe Electricity Transmission and Distribution Company proposed a 5% tariff increase, way above the inflation rate which stands at 4.3%. 

ZETDC made the proposal during a tariff review stakeholder consultative meeting, also attended by fellow Zesa Holdings subsidiary - Zimbabwe Power Company - with the Association for Business in Zimbabwe in Bulawayo late last month. 

ZETDC said a marginal increase in the tariff will be detrimental to its operations in the long-term. It said a 5% increase was in line with inflation. 

The firm said only one significant increase had been effected since dollarisation of the economy in 2009.

Tags: Zesa,