3 January 2017

Zambia: ERB Announces Rare Price Reduction

Photo: Daily News
(File photo).

The Energy Regulation Board has announced a rare downward adjustment of prices with effect from midnight.

According to the ERB Board Chairperson Francis Yamba the reduction has been triggered by a change in economic fundamentals like the stability in the exchange rate.

The price for petrol has been reduced K1.20 per litre while diesel has been slashed by a K 0.68 margin with a K 1.22 for Kerosene.

More on This

Fuel Prices Can Drop

There is an interesting phrase mostly used by economists - all other things being equal or ceteris paribus, in Latin. Read more »

See What Everyone is Watching

Copyright © 2017 Zambia Reports. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 800 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.