Zambia has increased the price of fuel after removing subsidies on petroleum products to reflect the correct price of the commodity, the energy regulator said on Thursday. The pump price of petrol was increased to 21.16 kwacha ($1.29) per litre from 17.62 per litre while diesel price rose to 20.15 kwacha per litre from 15.59 per litre, the Energy Regulation Board said in a statement.
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