Tag Archives: U.S.$1

Zimbabwe: ‘Arrears Award Will Create U.S.$1 Billion Deficit’

POWER utility Zesa Holdings has pleaded with workers to accept a grossly diluted salary arrears offer arguing implementing the order from a collective bargaining arbitral award would leave it with close to $ 1 billion deficit. Zesa said in view of its financial limitations and potential impact of complying with the ruling from the 2012 […]

Nigeria: Govt to Expend U.S.$1 Billion On Gas Supply

Determined to boost power supply across the country, the federal government yesterday said it would expend $ 1 billion to ensure adequate gas supply. It said the fund would be sourced from the Niger Delta Power Holding Company (NDPHC) allocation, as well as the private sector providers. This was disclosed at the end of a […]

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