Bunjiwe Mkwananzi
Rutendo Nyeve
THE Government has set an end-of-2026 deadline for the restructuring of the Zimbabwe Electricity Supply Authority (ZESA) entities, a move aimed at creating a more efficient and commercially viable national power utility.
The directive was announced by the Minister of Energy and Power Development, July Moyo, during his Ministry’s Strategic Planning Review Workshop held in Victoria Falls on Saturday.
The high-level workshop brought together senior Government officials, board chairpersons and chief executives of State-Owned Enterprises, independent power producers and development partners to map the future of Zimbabwe’s energy sector.
Addressing delegates, Minister Moyo placed the responsibility for executing the re-bundling process squarely on the Mutapa Investment Fund, the strategic shareholder of national assets.
He called for urgent action to restructure the power utility.
“The Ministry expects Mutapa to bring to finality the issue of re-bundling of ZESA entities by end of 2026, benchmark other regional utilities as they create a new efficient ZESA Pvt Ltd,” said Minister Moyo.
He commended the Mutapa Investment Fund for its role in mobilising finances for critical energy projects, particularly the rehabilitation of Hwange Unit 5, which has been out of service since 2021.
He emphasised that the partnership between the Ministry and the Fund is essential to ensure that energy sector entities remain commercially viable, accountable and capable of supporting Zimbabwe’s broader economic transformation agenda.
The re-bundling of ZESA is part of a broader strategy to improve governance and operational efficiency within the energy sector.
Minister Moyo said the era of measuring success through reports and activities is over, and that State-Owned Enterprises must now be judged by projects completed, revenues collected and economic value created.
He further outlined the Government’s new “One Energy System for One Economy” policy direction, which seeks to integrate energy planning across all sectors of the economy.
He stressed that energy cannot be planned in isolation, as it is central to agriculture, mining, manufacturing and the broader industrialisation agenda.
He also highlighted significant achievements during the year under review, including over 280 consecutive days of uninterrupted electricity supply and an increase in conventional generation capacity from 2,905MW to 3,025MW. He also noted that over 9,500 Solar Home Systems were distributed under the Presidential Solar Scheme.
