KABANDA CHULU
Lusaka
THE price of petrol for the month of November have been maintained at K32.70 per litre due to relative stability in prices of oil on the international market and the exchange rate.
However, the Energy Regulation Board (ERB) has made a marginal upward adjustment to the price of diesel from K28.90 to K30.11 per litre while prices of kerosene and Jet A-1 remain the same because the resultant changes in wholesale prices were below the trigger band threshold of 2.50 percent.
During a media briefing on the review of petroleum pump prices yesterday, ERB chairman James Banda said that during the month of October 2024, the prices of petroleum products on the international market and the exchange rate between the Kwacha and United States dollar were relatively stable…https://enews.daily-mail.co.zm/