By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily NationDaily NationDaily Nation
  • Home
  • News
    News
    Stay informed with the latest breaking news, in-depth analysis, and exclusive reports from around the world. From politics and global affairs to science, technology, and…
    Show More
    Top News
    Chisenga Katongo urges declaration of ‘Kaunda Day’
    June 20, 2021
    Evelyn Hone launches 2022-2026 strategic plan
    February 24, 2024
    Kafubu Water owed K91m in unpaid water bills by government institutions
    February 25, 2023
    Latest News
    Flying Fish extols FIFA World Cup final experience
    July 28, 2026
    Eam Zambia boxers advance with 3 victories in Glasgow Games
    July 28, 2026
    ZAMBIA’S OPPOSITION LEADER BRIAN MUNDUBILE ADDRESSED THE MEDIA ON 28/07/26 WATCH THE PRESSER
    July 28, 2026
    Gov’t, lawyer clash over ZNBC’s journalist’s detention
    July 28, 2026
  • Business
    Business
    Your go-to source for the latest in business, finance, and the economy. Stay ahead with market trends, corporate insights, and expert analysis on entrepreneurship, investments,…
    Show More
    Top News
    China stock swoon could boost US real estate
    March 6, 2025
    Why homeowners are leaving billions on the table
    March 6, 2025
    Lock in now! Stock sell-off sinks mortgage rates
    March 6, 2025
    Latest News
    Stop taxing inputs before production – ZAM
    July 27, 2026
    comprehensive Mine Closure Planning Guidelines
    July 27, 2026
    Dangote refinery raises record $2.5bn in landmark equity deal
    July 27, 2026
    Stop taxing inputs before production – ZAM
    July 27, 2026
  • Court News
    Court NewsShow More
    LUSAMBO LOSES BAIL BID AGAIN
    July 26, 2026
    ConCourt petitioned to clarify candidate withdrawals
    July 16, 2026
    Kabesha seeks court clarity on independent candidates
    July 2, 2026
    Court extends Mwamba’s bench warrant
    June 24, 2026
    Over 1000 expatriate teachers sue Gov’t, demand US$1.3bn, K7.5bn
    June 19, 2026
  • Sports
    SportsShow More
    Flying Fish extols FIFA World Cup final experience
    July 28, 2026
    Eam Zambia boxers advance with 3 victories in Glasgow Games
    July 28, 2026
    creation.Copper Queens wind up Algeria camp with friendly
    July 22, 2026
    Bernadette Deka Zulu lands top global position
    July 3, 2026
    Immig FC caps dream debut season with trophy presentation to immigration chief
    July 2, 2026
  • Contact
Search
NEWS
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
  • Contact Us
  • Privacy Policy
© 2026 Daily Nation Zambia. All Rights Reserved.
Reading: Local tankers charging exorbitant prices – OMCs
Share
Sign In
0

No products in the cart.

Notification
Font ResizerAa
Daily NationDaily Nation
0
Font ResizerAa
  • Home
  • News
  • Business
  • Court News
  • Sports
  • Contact
Search
  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate
Sign In Sign In
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
📖 Read ePaper
Daily Nation > Blog > News > Local tankers charging exorbitant prices – OMCs
News

Local tankers charging exorbitant prices – OMCs

Daily Nation
Last updated: March 24, 2021 8:28 pm
Daily Nation
Share
2 Min Read
SHARE

By PETER SICHALI

ZAMBIAN fuel tankers are charging more than foreign tankers as a result Oil Marketing Companies prefer foreign tankers.

The Zambian tankers are not really owned by indigenous citizens but businesspersons from foreign countries.

Oil Marketing Companies Association of Zambia (OMCAZ) president Kafula Mubanga said Zambian tankers were charging $155 per metric cube when foreign firms were charging only US$120 per metric cube.

Dr Mubanga said with the high operational costs that had affected most businesses, all were trying hard to work within the most minimum costs available for the same output.

“We are preferring foreign tankers because they are not charging exorbitant prices as the locals are,” he said.

Dr Mubanga has also called for an audit to ascertain the number of tankers owned by Zambians. He said there was need for Government to audit ownership of tankers because most of them presenting themselves as locals were foreign owned.

“Technically you will find that most of these tankers believed to be owned by Zambians are owned by Asians,” Dr Mubanga said. He said in as much as Government was keen to empower local transporters, benefits were not trickling down to the indigenous.

“Can we take an evaluation and let Petroleum Transporters Association of Zambia (PTAZ) tell us who the real owners of the tankers are, because the fact that these trucks are registered in Zambian does not mean they are Zambian owned,” he said.

- Advertisement -
Ad imageAd image

Mr. Chikwanda said the document would foster an environment of trust in the industry because it would put to rest certain arguments and potential abuse amongst critical players.

He noted that there has been a growing trend of blame-shifting in the sector and the study which aims to create electricity tariff benchmarks on the market would be able to address the challenge faced by key players in the sector.

You Might Also Like

‘DON’T MENTION ECL’

PATRIOTIC FRONT MUST ACT ON VIOLENCE – BIGOCA

Tensions erupt at Faith Baptist Secondary School amid mishandling allegations

ACC lie over the purchase of a bank and its assets worth K300 million by a former councillor in Lusaka should trigger a commission of inquiry.

Juvenile in trouble for drug trafficking

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Copy Link Print
Previous Article RELEASE OUR MOTHER
Next Article RCZ preaches peace

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
56.4kFollowersFollow
4.4kFollowersFollow
- Advertisement -
Ad imageAd image

Latest News

I told the police they wouldn’t stop Chamboli rally – Kalobo
Politics Premium
July 28, 2026
We can’t fly, we’re blocked on road – Mundubile
Local News Politics Premium
July 28, 2026
HH must apologise to Garry’s mother – Chigaga
Local News Politics Premium
July 28, 2026
Yuyi moved from Copperbelt
Local News Politics Premium
July 28, 2026
//

We influence over 2 million readers and are the most preferred news platform in Zambia.

Quick Links

  • Politics
  • Court News
  • Health
  • Millennium TV

Top Categories

  • News
  • Local News
  • Politics
  • Health
  • Court News
  • Tie Business
  • Biz & Corporate

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Daily NationDaily Nation
Follow US
© 2026 Daily Nation Zambia. All Rights Reserved. Developed by GOPES.
  • Contact Us
  • Privacy Policy
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?