Chilima talks tough on fuel hike

UTM party president Saulos Klaus Chilima has added its voice to calls that the recent fuel hike should be rescinded.

Chilima who is also Malawi vice president, made the call during whistle stop tours in the northern region.

He questioned why fuel prices are rising in the country when global oil prices are falling.

Malawi Energy Regulatory Authority (MERA) adjusted fuel pump prices on Thursday last week.

Petrol was adjusted to K990.30 from K932.50, diesel at K990.40 from K935.60 per litre and Paraffin is now selling at K785.00 from K755.30 per litre.

MERA attributed the increase to recent trends in the world petroleum products prices and changes in other macro-economic fundamentals in the local market and their impact on energy prices.

About chimwemwe mikwala

View all posts by chimwemwe mikwala →

Leave a Reply

Your email address will not be published. Required fields are marked *