ENERGY Regulation Board (ERB) Chairperson Reynolds Bowa says the current pump price is fair for both the consumers and the suppliers of fuel. Recently, Oil Marketing Companies Association of Zambia president Dr Kafula Mubanga lamented that the oil marketing companies were not happy with the current pump prices because they were making less than a Kwacha per litre. This was after ERB increased the fuel pump prices for February. Petrol was increased by K2.73 from K24.29 to K27.22 while diesel saw an increment of K2.81 from K26.44 to K29.25. However, asked whether the pump prices were fair to suppliers and consumers in an interview, Monday, Bowa responded in the affirmative. “Yes, that is the view of the ERB. We certainly...