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EXIM BANK OF CHINA HAS FROZEN $2BILLION FUNDING TO KAFUE GORGE POWER PLANT – ZESCO

ZESCO Limited Board Chairperson Vickson Ncube has revealed that Exim Bank of China has frozen the $2 billion funding towards the construction of the Kafue Gorge Power plant.

And former Finance Minister Ng’andu Magande says it will be sad if Zesco is unable to continue financing the project.

Speaking during ZNBC Sunday Interview programme, Ncube said that the company was mobilising resources internally to complete the project.

(News Diggers)