ZESCO Covers $46.1m Debt Amid Pressure

Published: 28 Dec, 2025 11:53 Sources: S1 S2 Category: Business Language: English Country: Zambia

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ZESCO Limited paid $46.1 million in debt servicing in 2024, highlighting the financial strain facing Zambia’s state-owned power utility. The payments covered loan repayments and interest linked to past investments in generation, transmission and network upgrades. While ZESCO met its obligations without default, the report notes that legacy debt continues to pressure cash flow, limiting operational flexibility amid rising electricity demand.