Social Economist Kelvin Chisanga says the hike in bus fares will result in a price increase in commodities in the country.
Mr Chisanga says as a result of fuel pump price increases most services in the country will see an upward rise.
“The increment that has been triggered in the fuel prices underplays a number of sectors in the economy and no one can be spared from it, ” he said.
He said the move by the government to hold cost-reflective pricing in fuel is one that can work well.
Mr Chisanga has added that there is a need for the country to find ways in which they can acquire warehouses where fuel can be refined and stored.
“The review of fuel price on a monthly base is not sustainable, ” he said.
He has also called for public-private partnerships (PPP) to incentivize in terms of securing fuel storages across the country.
The Road Transport and Safety Agency has approved the request by bus operators to increase bus fares pursuant to the Road Traffic Act No.11 of 2002.
THE Road Transport and Safety Agency (RTSA) has approved the request by bus operators to increase bus fares by K5 for Inter-Mine routes on the Copperbelt as well as Lusaka’s peri-urban and K2 on local routes for both provinces.
Meanwhile, intercity routes have been increased by fifteen percent. In a statement, Monday, RTSA Head of Public Relations Fredrick Mubanga said the new bus fares were effective April 5, 2022.
WHO DOESNT KNOW THIS
ITS OBVIOUS TO ALL
ARE YOU BORED ?
Mr. Kelvin Chisanga, don’t worry the 2.8 million that voted for new doom government are not affected.
Mr. Chisanga sir, just look for the 2.8 million feeling stations, markets and shops, the prices are good.
I am glad no one has been spared by the prices. PF my party was not as bad as this new dark government.
@1: Tikki, you are feeling the heat. I am praying and fasting that fuel hits 30 or 35 Kwacha per so that we learn a lesson.
Stating the obvious
The upnd have failed to rule. Hh is supposedly an economist so how come he is failing to manage the economy? Are his papers even genuine? He has lied so much to Zambians that I am beginning to question alot about him. We told you that he was under 5. 8 months in the economy is on its knees. Meanwhile upnd diasporans are quiet about this. Very shameful bunch of tribal dogs
YES @Henry
Fuel could go up to 30.00 Who knows in the states its now $4.19 a gallon
Zambia is not an island as is control by world commodity prices
We in the real world now and not rule by some incompetent politician
We Zambians expect hand outs all the time and havent taken care of our economy for decades
The time is now and change will come… Most are insulting western countries for looting our natural rescources
who’s fault id that ??
You should try your best not to take anything trolls say seriously. No matter how poorly they behave, remember these people spend countless unproductive hours trying to make people mad. They’re not worth your time of the day.
@Tikki those were precisely my thoughts the moment I saw the headline. Can’t these journalists look for different angles? If there’s n’t then leave the story. Don’t bore us with hackneyed explanations that don’t add to our knowledge