OIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga warns that the country is likely to face erratic fuel supply and pump price increases through 2026. He says this volatility will be driven by exchange rate instability, global market fluctuations and reduced private sector investment due to unattractive pricing and funding challenges. Last Tuesday, the Energy Regulation Board (ERB) increased the price of petrol by K1.40 and diesel by K1.18 for the month of October 2025. ERB adjusted the price of diesel, petrol, kerosene and Jet A-1 to K26.20/litre, K30.58/litre, K24.78/litre and K27.11/litre, respectively. Reacting to the adjustment, Wednesday, Dr Mubanga said the country was likely to see continued fuel price volatility in the coming months. “I think...

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