ERB hikes fuel prices
Published On February 1, 2024 » 959 Views» By Times Reporter » Latest News
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. Bowa

By JOSEPH BANDA –
THE Energy Regulation Board has increased the prices of petrol from K29.98 to K34.19 and diesel from K29.96 to K32.15 for the month of February.
Similarly Jet fuel has been increased from K29.29 to K32.69, while kerosene would cost K20.44.
ERB board chairperson Reynolds Bowa attributed the price adjustments to pump prices to the depreciation of the Kwacha against major convertible currencies.
Mr Bowa said the performance of the local currency had resulted in the increase of domestic wholesale prices of the products.

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