Zimbabwe: Zesa in U.S$183 Million Scandal

GOVERNMENT'S designated procurement agency, the State Procurement Board (SPB) and the Zimbabwe Power Company (ZPC) -- a subsidiary of ZESA Holdings -- have been drawn into a scandal involving the awarding of a US$183 million tender to losing bidders, the Financial Gazette can reveal.

Sometime last year, ZESA's flagship business floated a tender for the installation of a 100 megawatt (MW) solar power station to alleviate the crippling power supply shortages rattling the country.

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