NamPower in wait and see over debt plan

Chamwe Kaira Power utility, NamPower would not say this week whether it still expects to recover billions owed to it by local authorities across the country by the end of August as initially planned after it agreed to a government intervention plan over the matter. “As indicated in the latest Media Release of 12 June2023, NamPower and the Ministry of Finance are in consultation on the interventions put in place by Government for the settlement of the overdue amounts. Thus, we cannot at this stage provide the amount that we expect to collect,” said Tangeni Kambangula responding to questions by…