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PETROL TO COST AT LEAST K30

By NATION REPORTER 

THE price of petrol has been increased to K29.42 while that of diesel has been adjusted to K26.88, the Energy Regulation Board (ERB) has announced.

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ERB Board chairperson Renolds Bowa` announced that petrol has been adjusted to k29.42 while diesel has been adjusted to k26.88 and Jet A1 at K26.24 per liter.

Petrol was selling at K25.7and now will be selling at K29.42, Diesel was K23.36 and now will be selling K26.88 and Jet A1 was at k22.56 and now will selling at 26.42 effective midnight.

MR Bowa has attributed the upward adjustment to depreciation of kwacha and the increase of crude oil price on international market.

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