fuel
ZAMBIA FUEL PRICING KEY FIGURES
| Petrol (Aug 2026) | Diesel (Aug 2026) | Kerosene (Aug 2026) | Regulator |
|---|---|---|---|
| K25.29/litre | K26.86/litre | K27.02/litre | Energy Regulation Board |
The Energy Regulation Board reduced petroleum pump prices effective July 31, 2026, cutting petrol by K0.86 to K25.29 per litre, diesel by K1.25 to K26.86 per litre, and kerosene by K1.30 to K27.02 per litre, citing lower international oil prices despite Kwacha depreciation against the US dollar.
The Energy Regulation Board reviews and publishes petroleum pump prices and price build-ups monthly, providing month-on-month transparency into how international oil prices and the exchange rate feed through to the pump.
Monthly Price Reviews
The Energy Regulation Board reduced petroleum pump prices effective midnight on July 31, 2026: petrol fell by K0.86, a 3.29% decrease, to K25.29 per litre; diesel fell by K1.25, a 4.45% decrease, to K26.86 per litre; and kerosene fell by K1.30, a 4.59% decrease, to K27.02 per litre[1]. The Board attributed the reduction to lower international oil prices, despite the Zambian Kwacha’s depreciation against the US dollar over the review period[1]. The Board publishes updated pump prices and price build-ups on a monthly basis[1].
Broader Sector Liberalisation
In the petroleum sub-sector, Government has since 2022 been facilitating private sector participation in fuel procurement, implementing the TAZAMA Open Access Framework to liberalise petroleum transportation and allow Oil Marketing Companies to transport diesel through the TAZAMA pipeline[2].
Investment Opportunities
The Energy Regulation Board’s transparent, monthly price build-up methodology, publicly disclosing how international oil prices and the exchange rate feed into the pump price, gives fuel importers, distributors and retailers a predictable regulatory framework to plan margins around, detailed further on the dedicated Energy page[1].
Last Update: September 2026
