OIL Marketing Companies Association of Zambia president Dr Kafula Mubanga says his association anticipates a 3 percent reduction in the fuel pump price during this month’s price review. And Dr Mubanga has urged government to come up with modalities that will ensure that citizens benefit from consecutive fuel price reductions through reduced commodity prices. In an interview, Thursday, Dr Mubanga said the anticipated reduction for this month plus last month’s, should have a direct effect on the price of transport and electricity. “Yes, we do anticipate roughly about 3 percent of reduction into the total pump price. But that, plus what we have accrued last month should have a direct effect on the price of transport, the price of electricity,...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe