A ZIMBABWE Energy Regulatory Authority (Zera) top official has revealed that the country’s energy future is bright and that the sector is open for business.
Zera chief executive officer Edington Mazambani made the remarks during the on-going three days Zimbabwe Economic Development Conference 2025 at the Zimbabwe International Trade Fair in Bulawayo.
He said energy powers industries, businesses, agriculture and households, adding that efficient energy is vital for economic growth and job creation, leading to improved living standards.
“Zimbabwe’s energy future is bright and we are open for business,” he said.
“Together, let’s power Zimbabwe’s development and prosperity.
“We welcome both local and international investors.”
Mazambani emphasised that energy is a key enabler of economic development.
“Zimbabwe’s energy sector is open for investment opportunities across generations,” he said.
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The energy boss highlighted that the Government Project Support Agreement (GPSA) is designed to de-risk energy investments by independent power producers.
He added: “They offer foreign investment guarantees, standardized power purchase agreement (PPA) with cost-reflective tariffs, national project status for mobilising pension funds, tax incentives and government-backed confidence and support.”
The Zera boss stated that their Future Energy Procurement is such that it creates competitive bidding and a shift from unsolicited bids to competitive procurement, ensuring transparency, cost efficiency and high-quality project selection, reinforcing government’s commitment to a fair investment in climate.
Mazambani highlighted that their role is to ensure a stable, secure and investor-ready energy sector.
