Energy Ministry suspends ESCOM 40.9 percent tariff hike

The Ministry of Energy has sustained a suspension of a 40.9 percent electricity tariff adjustment.

The ministry’s energy officer, Austin Theu, has disclosed this in an interview with the press.

“The December 2023 directive is still in force. Official communication from the Government will be provided in due course,” he said.

Last year, the Malawi Energy Regulatory Authority (MERA) approved the Electricity Supply Corporation of Malawi (ESCOM’s) tariff revision. But on December 1, 2023, the ministry suspended the tariffs until April 1, 2024.

Meanwhile, a social commentator, Caesar Kondowe, while commending the decision, says he believes it will be a long term move to save citizens facing high inflation on basic needs.

Source:ZBS