By Kingsley Jassi:
State-owned Electricity Supply Corporation of Malawi (Escom) has said it has put up reforms to position the utility company for sustainable growth and profitability. This comes at a time the sole electricity supplier has been riddled with perpetual losses in recent years. Speaking at the ongoing Power Institute for Eastern and Southern Africa (Piesa) conference in Lilongwe, Escom Board Director Welford Sabola said the new board was committed to steering growth.
According to Sabola, the new board is analysing the company’s operations to identify revenue leaking holes to patch while improving billing and revenue collection efficiency.
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