Zambia ERB: Fuel Prices Increase by Over K6 Per Litre

The Energy Regulation Board (ERB) in Zambia has announced a new price adjustment, resulting in a significant increase of more than K6 per litre for petrol and diesel, impacting motorists and businesses across the country. This regulatory decision, which sees both petrol and diesel prices rise substantially, directly affects the operational costs for various sectors and the disposable income of consumers. The announcement by the ERB signals a direct and immediate change in the economic landscape, necessitating adjustments across the board for entities reliant on fuel.