The Energy Regulation Board -ERB- says the increment in the pump prices of fuel reflects the current economic trends in the country.
ERB Fossils Fuels Manager LUNGOWE LUTANGU says the adjustment of pump prices of fuel will enable the consumers pay the right price while ensuring the country continues to have stable supply of the commodity.
Mr. LUTANGU said this in an interview on ZNBC TV1’s The Update Program.
Mr. LUTANGU however said the ERB has put mitigation measures in place as it arrived at the over 3-kwacha adjustment for both diesel and petrol.
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