ENERGY Minister Peter Kapala says he doesn’t foresee any further increase in fuel prices if the Kwacha continues to stabilise. Following the expiry of tax waivers on September 30, 2022, the Energy Regulation Board (ERB) recently announced an increase in prices of petroleum products by K1.20 for Petrol and K3.04 for Diesel. In an interview, Kapala said there was a possibility of having a reduction in fuel prices because the commodity prices had continued to reduce on the international market. “Market forces in the sense that we import these products, that is where we should look at. Looking at the stability of the currency, I don’t see any further increases, when the Kwacha strengthens, the prices will go down. At…...

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