Today’s announced Fuel Reduction- Cost reflective prices

by Comrade D Simakungwe

The days of having local fuel prices that were not a reflective of the global prices are gone now.
It is gratifying to note that ERB has moved away from that ancient three months price system to a more realistic monthly pricing system.

We are procuring finished products as a country which is being delivered to Zambia within a week so we do not need to wait for three months for Consumers to see fuel price adjustments.

It is only fair that Pump prices should be a reflective of the current market prices.

Well Done to the UPND Government…

One thought on “Fuel prices drop”
  1. Many thanks to the New Dawn Government through ERB for announcing an adjustment of fuel prices, based on
    current global market prices and not the ancient 3 months price system which was not a realistic monthly price system.
    It is hoped as Double H7 said, things will get better soon in Zambia. It is hoped that this reduction would eventually impact the price rise that several essential commodities have seen in the recent month.

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