Tour operators and economists have welcomed Government’s decision to introduce uniform petroleum pricing which has harmonised the retail prices for petroleum products across Zambia.
Tourism Council of Zambia (TCZ) welcomed the uniform petroleum pricing announced by the Energy Regulation Board, saying it would benefit the people and businesses, especially in rural areas.
The new prices came into effect yesterday. Petrol would now cost K7,639 per litre; diesel will cost K6,999 per litre, while kerosene will cost K5,008 per litre across the country.
TCZ chairperson Mark O’Donnell said in Lusaka yesterday that his organisation was happy with the uniform pricing structure.
“We only hope that it won’t cause any shortages in the rural areas. You recall that this was an old system and suppliers used to shun supplying the rural areas because of the transport costs,” O’Donnell said.
He, however, said the pricing system would benefit the country.
Mr O’Donnell said the organisation was happy with Government’s commitment to the tourism sector.
[pullquote]“We only hope that it won’t cause any shortages in the rural areas. You recall that this was an old system and suppliers used to shun supplying the rural areas because of the transport costs,” O’Donnell said.[/pullquote]
“We are happy the Government recognises the potential of the tourism sector, the sector is a source of employment. We want to ensure more jobs are created,” he said.
Economics Association of Zambia president Noel Nkhoma welcomed the development and said the next step should be for the Government to reduce the high taxes that went with fuel prices.
Mr Nkhoma said there was need to review the fuel costing structure in Zambia, which currently had an average of 40 per cent tax.
“As much as we welcome the uniform pricing mechanism, the Government should also consider knocking off some of the taxes on fuel which are high,” he said.
United Liberal Party president, Sakwiba Sikota also welcomed the Government’s decision to introduce a uniform price of fuel.
Mr Sikota, who is Livingstone Central Member of Parliament, said the move by the Government was long overdue.
“This is something I have been fighting for in the last eight years and it will have an effect on many things.
“The cost of rehabilitating and maintaining roads will be reduced,” he said.
[ Times of Zambia ]