The Economics Association of Malawi (Ecama) president, Henry Kachaje, has advised the Malawi government to privatize the Electricity Supply Corporation of Malawi (ESCOM) as the current continuous blackouts are greatly affecting the growth of the country’s economy.
Malawi has had the worst blackouts this year and some business people have lamented that their businesses are going down as perishable goods are becoming a problem to keep.
But Kachaje believes the solution is to privatize Escom.
He said: “There is a need for government to privatize ESCOM if the country is to address the problems of power outage and the economy of this country has been greatly affected by the continuous blackouts hence the need for privatization.”
A few months ago, President Peter Mutharika advised Malawians to get used to the problem of blackouts until 2018 because that is the time when the situation will be addressed with help from the Chinese Government.
Recently the electricity body said that the current electricity situation is expected to go from bad to worse in January once the Electricity Supply Corporation of Malawi Limited (ESCOM) decides to implement its plans that will see the closure of Nkula power generating plants, media reports have said.
According to the reports, a leaked document in which ESCOM met with Corporate organisations has revealed that ESCOM briefed them that it has plans to completely shut down one of its plants, a situation that will see electricity production reduce drastically.
“The climax of electricity shut down will be in January when they will scale down for two weeks,” the reports say quoting the document.
It is said that ESCOM has warned its valued customers in the Corporate world who contribute 44% of its revenue that in January 2016 they should brace for tough times.
It has been established that among the things that ESCOM suggests will happen with the closure of its power plants is that there will be only 6 hours of electricity in a day to its customers.
ESCOM however hinted that it is contacting Mozambique and Zambia to support it with electricity regardless of the fact that Zambia itself is failing to supply electricity to its citizens.
Currently, Malawi is battling with the worst ever power cuts. People have accused the DPP led government of failing to manage and contain the electricity situation which has continued deteriorating. President Mutharika has advised that the situation will be contained after three years.
163 thoughts on “‘Sell off ESCOM’, Malawi Government advised”
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I wouldn’t agree with selling Escom but ny advise will be to allow private sector incest in energy sector and compete with Escom. If we sell Escom then the one that takes up Escom will continue with the existing inefficiecies . If there is anybody that think can run Escom let then open their company and outcompete Escom.
Mtengo Mukaudula Mitsitsi Ulimba Bwanji, Ndichifukwa Tikuvutika Ndi Misonkho Yokwera Chifukwa Munagulitsa Zonse Zopezera Ndalama Boma. Choncho Titukuka Bwanji.
if it can happen-that means Government Economists they are #stupid #fools #Mad etc…
I don’t think this is coming from ECAMA; not even from Henry Kachaje himself.
U cant!
No,that’s not a gud advice,Escom mustn’t be sold off,it will make pple suffer in future
How many likes
Kachanje Wangotumidwa Uyu! Kugulitsa Its Not Solution To Our Current Problem Coz Ogulawo Adzadulitsa Magetsi To Make More Profit
film imeneyi adakakitabe oky i think part 4 let me watch it #malawi_sazatheka move #title
Ha malawi…muka gulitsa ndie zisitha….amalawoi dziwani kt tidzanya magetsi adzadula
u’ll sell tha whole MW @last
Kugulitsa ndiye ma blackout atha? mutatha kugulitsa ma kampani aboma ambirimbiri aja phindu lake lili kuti? anthu ambiri anakhala pa ulova chifukwa cha zimenezi. pezani njira ina osati kugulitsa Escom.
Keneko akugulitsani anthu nose kumalawiko
kkk siukunama aise kkkk
mzeru zopusa izi, they sold mpl now medicide is expensive and sale of b&c people with skills are jobless, they aim to invest their stolen money in the company eti so their dumb grand children shouldnt suffer inthe future
Thats just granting them(DPP) their wish. These blackouts are just a bait. They want Malawians to be frustrated and say ESCOM is not being managed well and we ask them to sell it. If we sell ESCOM its going to benefit them not Malawian and will probably be bought by these same people in power .azatikhaulitsa ndithu ..Malawi dont fall for that Trap
Am with u, they just tricking us so dat we should support their opinion
sakukuziwani ndani inu? u did it deliberately kumapangisa ma bkackouts so muli ndicholinga kale chopanga privatise so that when u ignite that story, amalawi should have no say but to back u up. zopusa basi munatilemera kungokusankhani inu dikilani nthawi yanu chabe muyalule
Olo titati asagulitse kapena agulitse palibe chomwe chingachitike coz boma ili likapanga chiganizo chumakhala chomwecho mwa chitsanzo MSB timkati chani nde zinaphura chani?
don’t privatise escom its one of big parastal what will be consiaients of that to poor malawians bakili do the same but what is the future of those conpanies. a lot of people lost there job as redandant. escom and water board is very importance palastatal organisation. don’t do that. then you will start privatise ministries