OIL Marketing Companies Association of Zambia (OMCAZ) president Dr Kafula Mubanga says his association anticipates a K1 to K2 reduction in the fuel pump price during this month’s price review. In an interview, Wednesday, Dr Mubanga said his association anticipated a reduction owing to the kwacha appreciation, the downward adjustment of crude oil prices on the international market, among other fundamentals. “Given the fundamentals that constitute the ingredient for adjusting pricing downwards, I think that the conditions are quite favourable in this case. In the sense that when you look at the cost of crude as of last month, it was trading at about 80.52, and today cost of crude is selling at 76.15 which reflects a downward adjustment of...