Zambia cuts fuel prices, bringing five percent (5%) output relief
Kelvin Chisanga
By Kelvin Chisanga
The Energy Regulation Board’s decision to reduce fuel pump prices set for March 2026 is a positive step for Zambia’s economy.
Petrol has declined from K27.88 to K26.61 per litre making a 4.6% reduction in percentage margins, with diesel moving from K24.50 to K23.25, closing up for a 5.1%, and kerosene moving from K22.24 to K21.06 with a reduction reflecting effect of 5.3%, collectively facing an overall average reduction of about 5%.
This adjustment lowers operating costs across key sectors including transport, mining, manufacturing and agriculture, improving business margins and cash flow.
Households benefit through lower expenditure on fuel and transport, which can also ease cost pressures on food and essential goods.
The reduction, part of ERB’s monthly uniform pricing mechanism, reflects stronger Kwacha performance and stable international oil prices.
It further supports inflation moderation, enhances disposable income, strengthens investment confidence, and contributes to Zambia’s broader economic stability
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