The Energy Regulation Board has increased the retail fuel pump prices by K1.
Petrol has been adjusted from K11.67 to K12.97 while Diesel has been adjusted from K9.87 to K11.09.
Kerosene has also been increased from K6.50 to K7.82 while Low Sulphur gas has been adjusted from K12.16 to K13.38
ERB vice Chairman G’ande Mwanajiti told a media briefing today that the board would continue to monitor developments in the exchange rates and international oil prices.
Mwanajiti reiterated that the board would only adjust fuel prices every 60 days when there were changes in the wholesale prices.
One Response
When there was a ka little reduction we were told, The government has reduced fuel prices and The whole PF went to town telling anyone who cared to listen what a wonderful gift Chagwa was to Zambians. Today, there is an increase, it is the ERB. Meanwhile let us pray