Zambian energy regulator says retail fuel prices will fall from midnight on Tuesday due to subdued oil prices and a stronger kwacha currency.
The authority said in Lusaka that price of petrol would be reduced to 12.50 kwacha from 13.70 kwacha and diesel would drop to 10.72 kwacha per litre from 11.40 kwacha per litre.
In October last year, Zambia hiked the retail price of petrol by nearly 39 per cent, while the price of diesel increased by 33 per cent.
More from Ships & Ports
We pay for your stories! Do you have a story for Ships & Ports? Email us at email@example.com or call 0810 359 4873. You can also WhatsApp us here. We pay for videos too. Click here to upload yours.
Copyright Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.