The Petroleum Transporters Association of Zambia (PTAZ) says consumers should expect an increase in fuel prices following the government’s decision to reintroduce Value Added Tax (VAT) on fuel.

In 2021, a Statutory Instrument (SI) zero-rating Value Added Tax on imported petrol and diesel was issued. However, the government has noted that it will reintroduce VAT on fuel next month as it is one of the conditions that come with the International Monetary Fund (IMF) bailout package.

For more information, please see https://zambianbusinesstimes.com/fuel-price-to-go-up-as-govt-reinstates-tax-on-petroleum-products/