Saturday, November 9, 2024

ERB maintains pump prices

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The Energy Regulations Board ERB has maintained the pump prices for Petrol, Diesel and Kerosene for the month of November 2023.

Petrol will continue selling at K29.98 per litre , K29.96 per litre for diesel and K20.44 for kerosene.

ERB Board Chairperson, Reynolds Bowa said the pump prices for petrol and diesel have been maintained because the movements in the international oil prices and exchange rate of the kwacha against the United States Dollar were minimal and below the set threshold of 2.5 percent.

Mr. Bowa however, explained that the pump price for kerosene has also been maintained because the country has sufficient national stock.

Speaking during a press briefing in Lusaka today, Mr. Bowa assured the nation that the prices will be more stable as the country transitions to transporting fuel through the pipeline as opposed to the road transportation, which is more expensive.

He further disclosed that 80 percent of diesel is coming to the country through the pipeline while 20 percent is through road transportation.

17 COMMENTS

    • You must be stup1t for thanking government for not increasing fuel. Before saying anything you need to remember what HH promised.

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    • Thank Edgar Lungu!! The moment he announced his come back , Bowa was told not to change the prices. The announcement was to be K32 for diesel and K33 for Petrol. FAKA pressure Edgar.
      ALEBWELELAPO!!!!

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  1. This is just plastic advert from the new doom. They will maintain for November and December, come January the gullible Zambians will cry. The country is already sold and do not expect anything good from the puppet lair who promised fuel at k5 and now selling it a k30.

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  2. Whatever follow world fuel prices to understand
    this GRZ has no control over that
    It appears he cant do right for doing wrong

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    • Not true Sir. Going by the global picture prices were supposed to go up.
      The wars in Ukrain and Israel have a serious impact on global oil prices.
      The Zambian Kwacha cannot support maintaining of the October prices let alone reduction . The only way is to increase. ERB knew very well and they were to announce higher prices. We are aware what the increased prices were to be .

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    • Changing goal posts. You see even a bad event can produce positive results. The happenings in the PF camp has caused this postponement in the increase fuel prices. The factors that you have been giving as the reason for the increase have become even worse. So going by this the price should go higher.

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  3. At least Bowa should have increased from K29.98 to K30 .00 for petrol and an increase from K29.96 to K30.00 for diesel. An increase of 0.006%

  4. The effect of fearing our father ecl. Now imagine voting ecl in how we will enjoy life.

    Miles sampa is just an angry boy. Alot thing anger him lot. For example I used to date his wlfe nchimunya before they married many years ago. This annoyed him to date

    • ECL is/was the inconsquencial president Since 1964
      How can anyone even a villager respect such a man
      Made through age only as that is our custom
      Bring him on maybe a thrashing for a second time will teach him a lesson

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  5. kkkkkk presure is now on slowly building up,wait for another one year. we might have early elections ikona mmmmm men.Miles Sampa your time is not up never you be used or alse you will leave to regreat zambia is bigger than Miles, in some places you are not even known mmmmm.

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  6. Whatever you do, just know that the IMF target is k35/liter before they can give HH another little drop of money. That is how IMF works. They milk the poor citizens. Any UPND cadre explain to us why HH is not taxing the foreign mining giants? The only way this country and its people will have three meals a day is by taking charge of our minerals and agriculture. The guy who calls himself a farmer has failed the nation to grow maize.

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  7. It is factually true that the kwacha since May 4, 2023, has depreciated by 19%. Petroleum prices have marginally increased. Fuel prices were expected to be raised by ERB. But it is not true that November pump price remained unchanhed because of ECL comeback. GRZ is embarrassed and wants to save face. No wonder the president directed the new PS (Mumba Peter) on 10/10/2023 to look into the unpopular monthly fuel reviews.

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