ECONOMIST Dr Lubinda Haabazoka says power trading is not a crime but a legitimate business opportunity for Zambians. In a statement, Sunday, Dr Haabazoka explained that power trade helps to provide grid stability, uses power efficiently, and reduces the burden of producing power by a single utility in the country. “I have been seeing on some pages people criticising power trade as theft and undermining ZESCO.
Allow me, colleagues, to once more explain the principle of power trade, how it works, and why it’s important now more than ever. What is power trade? Power trading is the buying and selling of electricity as a commodity in wholesale markets, balancing supply and demand by trading electricity between producers, suppliers, large consumers,… Do you agree that child defilers should be castrated?
