Privatise Escom to end blackouts, economist Kachaje urges Malawi govt

President of Economists Association of Malawi (Ecama) Henry Kachaje has told the Malawi government to privatise power utility firm, Escom saying the frequent power cuts are contributing to economic slowdown.

Kachaje:  Ecama president

Kachaje: Ecama president

Blackout

Kachaje said the only way to make Escom more efficient and effective is to put it in the hands of the private sector.

“If it is in the hands of the private sector, it will be run as a company and it will be more efficient and effective,” said Kachaje.

He said the power blackouts are not conducive for both local and foreign investors.

Kachaje’s comments come on the backdrop of severe power cuts that is leaving most parts of the country with two to three hours of electricity power.

Some major industries in Lilongwe have not ruled out job cuts as most times the machines are idle and industries are making huge losses.

An official from the ministry of Energy Kester Kaphaizi says the government will not privatise Escom but increase its power generating capacity.

President Peter Mutharika said Malawi will be out of perpetual darkness after the Chinese funded coal powered electricity plant is commissioned in three years time.

The coal powered electricity plant is expected to add 300 megawatts of electricity on the grid.

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SIR TIJOY
Guest

you mean the whole Malawi relying on ESCOM since independence? this board is incompetent! let competetors come in and boast power supply. osati Escom yokha ai. Ndi chipani? you were saying you negotiating to trade protocol with Mozambique and Zambia. until now deal siinathekebe? its high time Malawi must awoke! let more investors come and compete with all the Statutory corperations (SC). No privatization apapa.

Investor
Guest

This Government entity needs management massive overhaul. We can nor rule out the possibility of sabotage and or gross incompetence .The Government should intervene as a stake holder

Ndinunkha
Guest

Open up the sector to private players and let there be competition. If Escom does not perform it will fold. Period.

NVM
Guest
In the 1960s Escom mostly had expatriate Engineers, Managers and No Political influence. Apart from the well known fact that most of the equipment has outlived its usefulness reforms will not rejuvenate the turbos to run effectively. What we need at ESCOM now it for government to replace everything to effectively generate enough electricity to cater for the current consumption which is 700 percent more than than what the same equipment was meant to cater for then. Privatization is just change of management. It is like a young boy of seven who is not able to carry a bag of… Read more »
chimuponho
Guest

Y are these ppo tryn to be wise yet they a nt.mr kachaje do u the cost of producng electricity

Mbolozidana
Guest
Mr Kachaje l used to respect you, but slowly u are losing your integrity, just look how many people some even economist are criticing your stupid idea, you want to tell me that if your daughter is always getting sick the solution is to poison the lad and kill her? Thats a completely returded idea and advise, many people have lost their jobs bcoz of those crazy ideas, look at Air Malawi, Import and Export, B&C, David Whitehead etc, people are suffering bcoz of such ideas of privitising the company. The problem with escom is of water levels and managment.… Read more »
steven banda
Guest

Privatisation is not a solution Mr Kachaje,its like you are selling the whole country,have you ever considered the negative effects on that? You should learn from past mistakes,hgow many companies are you going to sell? The solution is to find a competitor or increasing generation thats all,not what you are cheating pple,am an economist myself.

kasim
Guest

which economics do you practice Mr kachaje. you are talking too much your integrity is being eroded. did you ever come to Escom to appreciate what is happening there? don’t use use emotional ejaculations in matters of national interest Mr kachaje. can you tell the nation what are your qualifications?

wika
Guest

by the way .Who is the president of this country? May i know please.

gontomois
Guest

yes thats right kachaje has spoken like 10 men!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

wpDiscuz

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