THE Energy Regulation Board (ERB) has increased petrol prices for February from K29.98 to K34.19 per litre, while diesel has risen from K29.96 to K32.15 and Jet A-1 from K29.29 to K32.69. ERB has, however, maintained Kerosene at K20.44. The board has adjusted upwards the pump price for petrol by K4.21, diesel by 2.19 and Jet A-1 by K3.40. And following this announcement, motorists in Lusaka flooded various filling stations to buy the commodity before the prices took effect at midnight. Announcing the increment in a statement, Wednesday, ERB Board Chairperson Reynolds Bowa attributed the fuel hike to the Kwacha depreciation during the month of January 2024. ā€œDuring the month of January 2024, there was significant depreciation of the Kwacha...

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