THE Energy Regulation Board (ERB) has announced a reduction in pump prices for diesel, kerosene and jet A-1 to K25.11, K23.88 and K25.53 per litre, respectively. ERB adds that the pump price for petrol will, however, be maintained at K29.92 per litre. In a statement, Wednesday, ERB Board Chairperson James Banda said the reduction was necessitated by the appreciation of the Kwacha by 3.13 per cent and a decrease in international oil prices since the last fuel price review on November 30, 2025. Banda stated that the prices come into effect at midnight on December 31, 2025, and shall remain in effect until revised by the ERB. “In December 2025, the Zambian Kwacha appreciated by 3.13 per cent against the...