The Zimbabwe Power Company (ZPC) has said that it is worried about the pace at which businessman, Wicknell Chivayo, is implementing a multi-million-dollar energy deal after he was advanced part of the money for the Gwanda project.
Giving oral evidence before the Parliamentary Portfolio Committee on Mines and Energy, ZPC acting managing director, Joshua Chirikutsi said,
We want this project to be accelerated and we have been engaging with the contractor, but, unfortunately, he hasn’t been forthcoming. On the other works on the ground, progress has been slow. We are worried because the project is behind schedule. We have paid them $5,8m, but the other money was for taxes. So far from the works done, he (Chivayo) can’t account for $1,8m. We are really worried. The works done by the contractor are valued at $500 000 and from our evaluations, there is exposure of about $1,8m, something we are worried about.
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