President Peter Mutharika has said the government has identified a serious investor in the struggling power sector but could not confirm reports that ESCOM was being privatised.
Mutharika; Investors coming
“Several investors are coming to invest in the power sector. Soon we will be signing the memorandum of understanding,” Mutharika said.
His comments come amid calls for the DPP led government to improve the services at Escom as Malawians now experience long hours of unexplained power cuts.
Mutharika said this Tuesday to state controlled Malawi Broadcasting Corporation.
On Monday, Pentecostal pastors openly challenged Mutharika to ensure Escom provides power all day to attract serious investors in the country.
Mutharika however did not say whether the government will direct the investors to buy off shares in Escom or put up new power infrastructure altogether.
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Eee koma mwakwiya a malawi
The biggest problem in Malawi is that we put dull people in strategic jobs like in ESCOM simply on reason that they are our tribesmen. The consequences of such myopic decisions are so evident today. Nothing is working in the public sector today resulting in vices like casgate.
True and they are people from their party whose level of expertise is not in accord with the company’s objectives. Useles mala wi
There were no blackouts during Kamuzu!
Tathatu A Malawi, watigulitsa mchonayu. Mai kalanga ine, Oh we are finished, finished ndithu
In South Africa water is privatised since 1996, its not one supplier, and there are problems there also.
Eskom has the only Nuclear power station in Africa, so don’t compare with Malawi.
Like his late bro Bingu! He will steal even more than his late brother did. Stupid Malawians who voted this poor man to power to continue stealing where his late brother left. God plz punish Malawian Leadership!!!
A gouvernment of try and error.
A gouvernment without vision.
Anangokopera manifesto ya PP lero akulephera kuyichita implement.
Ena akuti tiyipatse ma plan DPP yo, eee? Zoona?
Mayesa kuli ma professors menemo, ma dokotala menemo. Ndipo anasankhidwa ndi iwowo. Ife tiwagwilire ntchito olandira azikhala iwowo?
Mwalephera, STEP DOWN
Good comment no23 though Escom did not start with Kamuzu, it started with Colonial masters, it used to be Nyasaland Power Supply Company before it changed to Nyasaland Electricity Supply Commission. We had electricity in our house before Kamuzu came back, my father was a Warrant Officer Class One in the Kings African Rifles!