OIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga says monthly fuel price reviews have helped oil marketing companies avoid making losses. In an interview, Dr Mubanga said the monthly reviews helped oil marketing companies to plan properly and take advantage of reduced prices on the international market. “Because of the timelines between reviews of pricings which the government had taken, which is the cost plus model, it helps the OMCs to be able to make a decision to be able to plan and buy products and will take advantage of changes on the international market in terms of the reduced prices as and when. That benefit is accrued and passed on to a country or citizens in…...

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