Zambia’s energy regulator on Thursday said it has fined 32 companies for breaching license conditions in their operations.
The firms have been fined for among other things, overpricing petroleum products, failing to submit monthly petroleum industry statistics and selling contaminated fuel, Fred Hang’andu, acting director for consumer and public affairs at the Energy Regulation Board (ERB), said.
He said in a statement that the decision to fine the firms was arrived at during a board meeting held on December 19, 2017 where some companies were also found to have breached stipulation on road transportation of petroleum products.
The firms were ordered to pay fines ranging from 9,000 Zambian kwacha (about 900 U.S. dollars) to 24,000 kwacha (about 2,400 U.S. dollars) by the end of this month.
“The ERB will continue to monitor adherence to license conditions and take enforcements,” he said. Enditem