Zim, Moza Boost Economic Ties, Sign Three Agreements of Cooperation …Both Countries Agree to Address Energy Deficits

by | May 18, 2023 | Business, Latest, Local News | 0 comments


Zimbabwe and Mozambique signed three agreements of cooperation that will see effective planning, development, management and sustainable utilisation of water resources.

The agreements were signed at State House on Wednesday where President Mnangagwa and his counterpart President Filipe Nyusi had serious talks to strengthen their bilateral relations.

The two sister republics signed an agreement on the establishment of the Buzi, Pfungwe and Save Watercourse Commission.

The agreement seeks to establish the Buzi, Pungwe and Save (BUPUSA) Commission and aims to promote cooperation between the two parties.

It will also ensure the protection and sustainable utilization of the water resources of the BUPUSA watercourses.

The two presidents also witnessed the signing of an agreement on cooperation on the development, management and sustainable utilization of the water resources of the Save Watercourse.

The scope of the agreement applies to the management and protection related to the planning, development, management and sustainable use of the Save Watercourse shared by the Parties.

It intends to promote coordinated cooperation between the parties to ensure the planning, development, management and sustainable utilization of the water resources of the Save Watercourse.

Lastly, an agreement for the hosting of the BUPUSA Commission Secretariat was also signed, it seeks to establish the legal terms and conditions under which the Republic of Zimbabwe and the Republic of Mozambique shall host the BUPUSA Commission, and by it, permit the effective performance of its function, as well as assure a functional realization of its rights and competences.

Meanwhile, Zimbabwe has combined forces with Mozambique to tackle regional energy deficits which stand at over 35 000 megawatts, with the two countries paying particular focus on sharing surplus and developing new power sources.

Addressing journalists at State House in Harare last night, President Mnangagwa said the two countries have a mutually beneficial relationship that can only be further deepened through increased collaboration.

“As SADC we have a serious energy deficit, I think it is now beyond 35 000 megawatts which we need to all feed adequately — Zimbabwe, South Africa, Botswana, Namibia, Zambia, Malawi and Mozambique.  We are focusing on modernising our respective economies, and industrialising our countries and in doing so energy is an enabler, so we are now focusing on making sure that we provide energy.  Fortunately, Mozambique has adequate energy and we are surviving on the energy we get from that country.

“It is true that in the region we need to co-operate that is why we have the SADC power pool so that we can share our energy and the Zambezi River, which we share with Mozambique, has several gorges which are amenable to generate more power,” the President said.

President Nyusi said his country will continue working with Zimbabwe and other SADC member states to address power shortages.

“Indeed energy is very important because we have to develop our industries, and fisheries for our agriculture and all activities and therefore we have been trying to come up with strategies on how best to harness the resources we have so that we can generate more energy and more power. “We have noted efforts by this country, by President Mnangagwa, to generate an additional 600 megawatts of power but this power will not be enough,” he said

President Mnangagwa later hosted a State banquet for his counterpart that was attended by government officials from both countries.

Today, there will be a forum for businesses from the two countries as the focus is on economic cooperation and improving the livelihoods of citizens from Zimbabwe and Mozambique.