THE Zimbabwe Energy Regulatory Authority (Zera) has rejected a proposal by the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) to increase electricity tariffs this year.

The power utility, which is struggling to recover up to $1 billion owed to it by consumers, had applied for a 49 percent upward review of the electricity tariff from the current level of USc9.86/kwh to USc14.69/kwh.

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