Tue, 31 Jan 2017 10:43:27 +0000 By BUUMBA CHIMBULU ZAMBIA has the highest fuel price in the Southern African region mainly due to the costs which Government incurs during transportation, says Ministry of Energy director Oscar Kalumiana. Mr Kalumiana said old infrastructure also contributed to the high costs of fuel in Zambia. He was speaking when he appeared before the Parliamentary Committee on Budgetary implications of fuel and electricity subsidies chaired by Mbala Member of Parliament Mwalimu Simfukwe. “In terms of fuel price, yes our fuel price is high and when you do a comparison with our neighbouring countries depending on their specific location and circumstance, you may find that their price is higher than ours,” he said. Mr Kalumiana said the performance of the local currency and infrastructure were also determinants of the local fuel price. He explained that Government incurred high costs and losses during the transportation of fuel from Tanzania to […]
