Energy Minister Matthew Nkhuwa says the country should expect to see constant fuel supply on the market.
Mr. Nkhuwa says this is because a number of fuel dealers have started importing fuel into the country following the removal VAT on fuel importation.
He says there has been some hiccups in fuel procurement as some dealers had reduced imports, thereby causing a shortage in most areas.
Mr. Nkhuwa says government intends to keep the prices of fuel stable, hence the introduction of the tax waiver.
He has told ZNBC News in a telephone interview that the fuel supply is now back to normal.
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arm twisted
The author is a lazy journalist. Would have expected the following:
1. Fuel consumption per month
2. Quantities that we being imported
3. The % VAT that was introduced and the resulted landed cost
4. The landed cost of fuel after waivering of the VAT
5. The fuel import policy for Zambia
6. Regional comparison etc.
I felt this is a very important article for business hence the need for comprehensiveness.
Some of these PF ministers will not live long after losing elections in August this year.
Corruption in all the sectors of the economy.
But why is it not 16% cheaper.
Brian Kabwe that relief was meant for suppliers who had almost stopped supplying as they demanded an increase in pump price. The government could not increase the price so it decided to remove the VAT for them.
Stanley Mwanza now was the increase equivalent to 16percent
Brian Kabwe it may not have been, but it is the easiest way out. Remember one useless institution had been pressured to issue a statement that fuel was not going to be increased and that affected suppliers.
But the minister has never admitted a shortage of petroleum products on the market.
Has the minister entered into a PACT with fuel dealers or not. Where is he getting the energy to even say It will get back to normal as If he is the one procuring the stock.
Has the ministry of energy gone to the begging of fuel dealers to Import fuel or not?
Does this mean the dealer can wake up today and starve the economy with fuel since the Ministry has no teeth to bite over fuel importation.
Ministry of energy need to give a clear policy direction over fuel stocks into the Country and not this kantemba way of dealing with fuel, a major economic factor of the Country.
Has Government failed to Import fuel into the Country or not. If Not, what is the clear policy direction over this matter?
The minister of energy is better of not even talking at all because i wonder If…
Matthew Nkhuwa you’ve been in business for a long time now, starting from the scratch and I admire your resilience. I’m sure you understand that when a certain component of the cost is removed or added definitely figures will change. So help us understand why the price of fuel has remained the same even after removal of VAT. Is it true what the people of Chingola are saying that you’ve run away and have bought a house in RSA in readiness for the final relocation? No vichi vasudza mwanangu? We still need you here!
But how about we reduce the price coz its now 16% cheaper, so why are we not enjoying the cake together.
For now your government has sacrificed VAT for August election, we should expect the increase in fuel pump price after elections.
Enerst Ngosa certain statements make one seem dull
This will be good
Then why did both filling stations in Chongwe have no fuel this morning?
This is great news
Twalumba kapati ba saaa.
Those complaining and still criticising are diasporans who don’t even own a car in diaspora and catch buses. Yet they feel the need to comment on fuel costs in Zambia
We thank God
@KZ, you know that I’m around. I’m in Chingola this week. I even attended the burial of 2 PF miners who died in an accident. So I’m not talking from without
How many times will it be back to normal?
Iwe under cover lazo go to multiple areas and check the have a shortage 1 week straight.
Signs of weak unprofessional leaders….