‘Quarterly fuel price reviews will reduce uncertainties’
Published On January 15, 2024 » 312 Views» By Times Reporter » Business, Stories
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By KETRA KALUNGA –
AN energy expert says the three months fuel pump price review will reduce uncertainty and volatility in prices and provide more stability for businesses and consumers.
Boniface Zulu said in an interview the longer review cycle offers businesses a more stable pricing strategy thereby reducing uncertainty and allowing for better long-term planning.
Mr Zulu said this would allow industries to plan better and adjust to the new fuel pricing model.
He added that this also leads to more predictable cost structure, investment decisions and enhanced economic efficiency.

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