BLANTYRE-(MaraviPost)-President Lazarus Chakwera must stop with sweet speech that promised Canaan is closer with today’s electricity tariffs hike.
Malawi Regulatory Authority (MERA) has hiked power tariff with more than 10%, a development that has angered many Malawians as its contrary to their exceptions.
The increase is effective March 30, 2021.
Electricity hike comes three week after fuel was also hiked without mercy to poor Malawians who are struggling economically with Covid-19 spike.
Electricity consumers will be paying MK104.46 per kilowatt per hour (Kwh). The previous price was K94.43/Kwh.
The regulatory body’s consumer affairs and public relations manager Fitina Khonje at press briefing today attributed the increase to depreciation of the Kwacha depreciation by 5.92 percent which she said has affected operations and prices of materials.
According to Khonje, the hike will allow Electricity Generation Company to efficiently operate electricity and provide good services.
EGENCO produces power which is distributed to consumers by Electricity Supply Corporation of Malawi as a regulator
three weeks ago MERA also hiked prices of fuel due to the depreciation of the Kwacha.
The increase in prices come amid growing frustration at the Tonse Alliance administration which is led by Lazarus Chakwera who promised a land of honey to Malawians ahead of the 2020 elections.
Chakwera told Malawians on Sunday that the depreciation of the Kwacha is temporary and the economy will improve when markets for agriculture commodities open.
Chakwera therefore must stop political sugar-coating speech of better Malawi as nothing good is coming from his Tonse administration.