Oil marketers unhappy with delayed fuel review pricing
By MERVIS MUSONDA
THE Oil Marketing Companies Association of Zambia (OMCAZ) has expressed disappointment over the Ministry of Energy’s lack of seriousness regarding the review of the fuel pricing model, more than a year after a Presidential directive.
In October 2023, President Hakainde Hichilema instructed Energy Permanent Secretary Peter Mumba to develop a more stable fuel pricing system, citing concerns that the current monthly reviews were driving up the cost of living, inflation, and commodity prices.
OMCAZ president, Kafula Mubanga, noted that despite repeated calls from stakeholders, the ministry has yet to clarify the challenges or reasons behind the delay CLICK HERE TO READ MORE
