THE Energy Regulation Board (ERB) has increased the fuel pump price , with petrol going at K29.42 litres from K25.57 per litre.
Diesel has also been increased from K23.36 per litre to K26.88 per litre, while kerosene remains the same at K20.44 per litre.
ERB Board Chairperson Reynolds Bowa said the main drivers for the changes in petroleum prices are the movements in international oil price and the exchange rate.
“The Energy Regulation Board (ERB) has revised upwards the pump price of Petrol, Diesel and Jet A- 1 by K3.85/litre; K3.52/litre; and K3.86/litre respectively. The ERB has suspended the revision of the price of Kerosene. Therefore, going forward, kerosene shall be sold at the last set price for the month of August, 2023 of K20.44/litre,” he said.
Mr Bowa said the price of oil on the international market, between August and the current price review for September 2023, has increased.
He said specifically, the average prices of Petrol, Diesel, and Kerosene increased by 12.33 percent , 20.64 percent and 20.02 percent respectively.
Mr Bowa said the increase in international oil prices is attributed tight oil supply on the market as the world’s biggest exporters having announced an extension to production cuts to October, 2023.
“Further, there was reduced crude oil supply from production areas in the Gulf of Mexico due to tropical storms and expected hurricanes in the region. In August 2023 the monthly average exchange rate of the Kwacha to the United States Dollar depreciated from K18.42/US$ to K19.42/US$ representing 5.43 percent.The depreciation of the Kwacha was mainly driven by the low supply of foreign exchange,” he said.
He added that this situation has put upward pressure on domestic prices of fuel.
“Based on the foregoing, the ERB has made changes to the national uniform pump prices for September 2023. Petrol has changed from K25.57 to K29.42, Low Sulphur Diesel has changed from K23.36 to K26.88 and Kerosene remains at K20.44 per litre,” he said.
(Mwebantu, Thursday, 31st August, 2023)
Miner succumbs to injuries at Kansanshi Mine
A MINER at Kansanshi Mine lost his life when a rock fell on him in the underground dewatering decline portal, part of the mine’s ongoing development in the main pit.
The incident took place on Thursday around 20:00 hours.
The victim, Stephen Musukwa, employed by the mine’s contractor Reliant Drilling, sustained injuries and was promptly attended to by paramedics.
According to the Mine’s corporate affairs department, Mr Musukwa was subsequently evacuated to South Africa for treatment, where, he succumbed to his injuries.
“The relevant authorities have been informed and are at the scene of the incident.Our sincere condolences go out to his family, workmates and friends.Our priority for now is to ensure that his family receives our support during this difficult time,” reads the statement.
(Mwebantu, Saturday, 25th November, 2023)
Police say over 50 people swindled in fake roofing sheets scam
OVER 50 people swindled after they paid more than K700, 000 in order to buy Iron sheets.
Chongwe man nabbed for allegedly smuggling 16 Ethiopians
FOUR people among them Geoffrey Chumbwe have been arrested for suspected migrant smuggling involving 16 Ethiopians.
Mr Chumbwe 32 in company of Samson Masuka,34 believed to be the master mind, Kakoma Masumba aged 31 and Renson Sinkala aged 25 were nabbed during an operation which began as a routine patrol.
In a statement, Department of Immigration public relations officer Namati Nshinka said the operation took place on Wednesday, November 22nd.
“The operation quickly escalated when Immigration Officers received information that a White Fortuner Registration number BBD 671 carrying suspected illegal immigrants had been spotted near Water Falls Mall in Lusaka’s Silverest Area. Following this lead, the Officers rushed to the scene and eventually located the vehicle, which was empty at the time most likely after the driver had dropped off the passengers at an unknown location,” he said.
Mr Nshinka said the Officers started trailing the vehicle until the Driver, Mr Chumbwe, parked the vehicle which appeared to have been modified by removing the back seats to maximize carrying capacity.
He said Mr Chumbwe initially expressed ignorance regarding the whereabouts of the suspected Ethiopians.
“He instead led the officers to Kaunda Square, where Kakoma Masumba and Renson Sinkala, whom he alleged had transported the Ethiopians from Kasama, resided. The officers picked the two suspects and further investigations led them to Geoffrey Chumbwe’s Residence in Silverest where the officers found 16 undocumented suspected Ethiopians in a Gazebo,” he said.
Similarly, the Department of Immigration in Mansa on November 18th and 19th apprehended 35 persons during a clean-up operation dubbed ‘Operation Kolopa’.
Mr Nshinka explained that the operation was mainly on the Pemba Islands on the Luapula River, which is believed to have an influx of suspected illegal immigrants engaged in agricultural and fishing activities.
‘Those apprehended were 33 Congolese, 32 of whom were nabbed for illegal entry and unlawful stay and one for engaging in business without a Permit, and two Chinese for failure to observe the terms and conditions of their permits,” he saids.
(Mwebantu, Friday, 24th November, 2023)