ZETDC Property Attached Over US$5 800 Debt
THE Kwekwe messenger of court has attached a truck belonging to the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) over a US$5 800 debt for transformers supplied by Techmate Engineering.
Presiding over the matter, Kwekwe magistrate Mildred Maturi ordered the power utility to supply energy units equivalent to the current value of a 200KV 11/04 to Techmate Engineering’s Ivanhoe 7 Mine within seven days, or alternatively to pay US$5 800, which is the value of the transformers that the company supplied to ZETDC, a subsidiary of Zesa Holdings.
The terms of the agreement were that Techmate Engineering would supply the transformers to ZETDC in return for energy units of the same value.
