Economy

No Fuel Price Hike For Now!

 

The Energy Regulation Board (ERB) has disclosed that it will only review fuel prices once it is availed with documentation for new cargo.

ERB Public Relations Manager Kwali Mfuni has said the importation of petroleum feedstock and finished petroleum products was currently in progress.

Meanwhile, Mfuni said the Board was closely monitoring the performance of the kwacha against the US dollar and international oil prices which were key variables considered when reviewing fuel prices adding that review of fuel prices was only done when petroleum feedstock and finished products were imported.

7 Comments

  1. Jk

    Crude oil is at 38 per barrel we expect fuel pump price to come down

  2. Razor

    Just a while ago a barrel of oil had dropped to $1 because of trade wars between oil producing countries. The whole world reduced prices except zambia because some people were chewing the change. Now don’t provoke our anger by talking of any fuel price increment at least for the next two years.

  3. PF - Problems Forever

    There will always be problems in pf govt that’s why next year we’re not letting you win

  4. Timothy

    Reduce please

  5. SOS

    Whatever you decide to do today this month just know that you the ERB together with your adada and the entire poverty fashion will be punished severely for the wrongs you have done.

  6. TKMD

    In 1998 fuel pay barrel was at 170 dollars pay barrel and price here it was k 5 per liter

  7. JMS

    Correct SOS

Comments are closed.