THE Energy Regulation Board (ERB) has increased the price of petrol by K0.97, diesel by K2.32, kerosene by K1.72 and Jet A-1 by K1.92 for the month of December 2024. ERB has adjusted the prices for petrol, diesel, kerosene and jet A-I to K33.67/litre, K32.43/litre, K28.67/litre and K31.49/litre, respectively. In a statement, Saturday, ERB Board Chairperson James Banda stated that the hike in fuel pump prices was due to the depreciation of the Kwacha. ā€œThe Energy Regulation Board (ERB) has revised the pump prices of petrol, diesel, kerosene and jet A-1 upwards for December 2024. The pump prices of petrol, diesel, kerosene and jet A-1 shall be K33.67/litre, K32.43/litre, K28.67/litre and K31.49/litre respectively. This price review is driven by the...

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