As President Hakainde Hichilema embarks on his second term, a Zambian energy expert is calling on the government to revert to a quarterly fuel price review system, citing the mounting pressures of global oil price volatility and exchange rate fluctuations, especially on local consumers. Speaking in an exclusive interview with the Zambian Business Times (ZBT), Engineer Bornface Zulu, a renowned energy expert, clean energy advocate, and New Energy Science and Technology engineer, emphasized that Zambia’s current monthly fuel price review mechanism has exposed ordinary citizens to frequent and unpredictable cost increases. He noted that the monthly adjustments, while reflective of...
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