Energy Expert proposes 17% hike in electricity tariffs annually for 5 years
• The country cannot wait for a period of 5 years for the tariff to become cost reflective.• There is need to increase the tariffs
Tag : Energy Regulation Board (ERB)
Experts review performance of monthly fuel pricing cycle in 2022
• Monthly fuel adjustment as of the second half of the year started having an inflationary pressure in the final Quarter.• For most parts of
OMC projects K4 drop in January fuel prices
• International prices have generally gone down.• Government has scrapped of excise and customs duty on both petrol and diesel effective first January.• That will
Fuel price hike was expected – Economist
• Two variables that are key in determining the pump price of fuel are the exchange range and oil prices on the international market.• International
ERB hikes fuel prices
• Changes in the cost of petroleum products are as a result of uncertainties of crude oil prices on the international market.• International Oil price
OMC projects increase in December fuel prices
• Zambia’s fuel pricing is based on month minus one.• November 2022 pricing is slightly higher than October pricing by about US$15.• The Kwacha has
Increase in fuel prices has far reaching consequences on economic sectors – Expert
• This monthly review of prices of petroleum products is counterproductive.• The economy is already in troubled waters.• Government must realize that fuel is a
Blending of fuel to commence by mid-November – Government
• This is one of the intervention measures to mitigating the high petroleum prices.• Government is implementing different interventions to mitigate the high cost of
Zesco to implement low power factor surcharge on maximum demand consumers
• The surcharge applies to customers drawing 100kVA and operating at a power factor lower than the 0.92 lagging required by law.• The authority to
Zambia has had consistent fuel supply – Energy Forum Zambia
• There have been a lot of disruptions in the global energy sector.• Some countries have been having fuel stock outs but Zambia has had