Zambia’s New Dawn Govt Affirms no plan to Revert Fuel Price adjustments
In response to sensational media reports, the New Dawn Government has to clarified that they have no plans to revert to previous methods of adjusting fuel prices after several months. Such a system makes it difficult to manage debts owed to oil marketing companies and does not result in cost-reflective pump prices. The Minister of Energy, Hon. Eng. Peter Chibwe Kapala, stated that in recent media interviews, his office did not indicate a return to the quarterly review system. The government plans to continue with monthly reviews to ensure consumers…
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