ERB hikes fuel prices by K2

2nd October 2018

Local

Energy Regulation Board (ERB) board chairperson Raymond Mpundu addresses journalists at a press briefing in Lusaka on April 9, 2018 - Picture by Tenson Mkhala

Local

Energy Regulation Board (ERB) board chairperson Raymond Mpundu addresses journalists at a press briefing in Lusaka on April 9, 2018 - Picture by Tenson Mkhala

The Energy Regulation Board has hiked the price of fuel citing international market prices and the falling Kwacha.

In a statement issued today, ERB board chairman Raymond Mpundu revealed that the price of petrol per litre had gone up by K2.31 whilst diesel had gone up by K2.64 and kerosene had been increased by K2.49.

Full details later.