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Zimbabwe, Zambia join hands to strengthen energy sector

Zimbabwe, Zambia join hands to strengthen energy sector

Online Reporter Energy and Power Development Minister Edgar Moyo has said there are plenty of investment opportunities in Zimbabwe’s energy sector. Minister Moyo was speaking at the inaugural Zimbabwe-Zambia (Zim-Zam) Energy Projects Summit that is currently underway in Victoria Falls. He said the country has created a conducive environment for investments through a cocktail of legislation, including the National Energy Policy, the Renewable Energy Policy that has a compendium of incentives, the Biofuels Policy, the National Energy Efficiency Policy and the Rural Electrification Fund Act, among others. “There are incentives for those who want to invest or have partnerships with us and we have tax holidays for projects, duty-free importation of capital goods for energy projects and prescribed asset status to allow access to funding,” said Minister Moyo. His Zambian