Zambia: Government to leave product procurement to private sector


Issue 335 - 24 Nov 2016
Finance minister Felix Mutati has said the government will pull out of the procurement of finished petroleum products next year. In his budget address to parliament on 11 November, Mutati announced that, to improve the efficiency of fuel imports and rein in the surging fiscal deficit, procurement of finished petroleum products will be undertaken solely by private companies from March 2017. “The government’s role will be limited to regulation… regarding pricing, the government will adjust prices in line with changes in market conditions,” Mutati said.

Want to read more?

Medium article

£9

(Access to one African Energy article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map

Register