Wed, 18 Oct 2017 10:27:50 +0000 By JUSTINA MULENGA THE Energy Regulation Board has increased the retail fuel pump prices by K1 effective midnight last night. Speaking during a press briefing yesterday, ERB vice Chairperson, Ngande Mwanajiti said the adjustment of fuel prices were due to the recent increase in international oil prices and the depreciation of the Kwacha, the unit price for petroleum feedstock and finished products. “The fuel prices have increased due to the recent increase in international oil prices and the depreciation of the Kwacha, the unit price for petroleum feedstock and finished products,” he said. The price of Petrol has been adjusted from K11.67 to K12.97 while Diesel has been adjusted from K9.87 to K11.09. And Kerosene has also been increased from K6.50 to K7.82 while Low Sulphur gas has been adjusted from K12.16 to K13.38. Mr Mwanajiti told a media briefing today that the board would continue to monitor developments […]
