ZESA hikes electricity costs by 356%

BUSINESS REPORTER   Power utility ZESA has with immediate effect increased electricity tariff  by  356% to  US$0.1063 per kilowatt hour (kWh) from US$0.0233 kWh,which it said  was non-cost reflective.   The sub-economic tariff had left ZESA in a crisis.   In a statement Sunday, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a unit of…