By KETRA KALUNGATHE Oil Marketing Companies (OMC) and dealers should adhere to the Energy Regulation Board (ERB) directive to curtail black market fuel activities because it defrauds the government of revenue, an energy expert has said.Mr Johnstone Chikwanda said OMCs and dealers should ensure that fuel is only sold to motorists and customers with authorised containers to curtail the emerging fuel black market.He said in an interview that black market fuel activities should be curtailed as soon as possible because fuel is not taxed once it goes on the black market making the government lose out.He added that the black fuel business also destabilizes the market because it disadvantages legitimate traders as only illegal traders stand to benefit. “Black market fuel activities defraud the state of revenue because they don’t pay tax when it goes on the black market and is also a safety hazard to legal traders and customers,” he said.Mr. Chikwanda has urged Zambians […]
STOP FUELLING ILLEGAL FUEL DEALERS, OMCS URGED
