ENERGY Minister Makozo Chikote says government has continued to negotiate with fuel suppliers, such that the outstanding debt has reduced from US$735,819,423.26 as of December 31, 2024, to US$521,650,050.82 in 2025. Chikote was responding to a question from Lunte PF member of parliament Mutotwe Kafwaya, who wanted to know the accumulated fuel procurement debt as of July 2021 and June 2024. In response, Chikote explained that as of December 31, 2024, the outstanding petroleum debt stood at US$735,819,423.26. “The outstanding petroleum debt as at 31st July 2021 stood at US$ 477,798,993.10, comprised of the principal amount of US$ 280,149,213.47 and Late Payment Interest of US$ 197,649,779.63. You may wish to note that on 1st October 2022, Government policy shifted to...