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Saulos Chilima calls for fuel price slash

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By Samuel Kalimira:

Vice-President Saulos Chilima, who is also UTM interim leader, has asked the Democratic Progress Party (DPP) administration to either reduce prices of fuel or face unspecified action.

Chilima said the country has no grounds for hiking fuel prices when the rest of the world has been reducing the same.

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Chilima said he suspected that the country’s currency—the kwacha— has depreciated and the central government is “secretly” trying to recover the money by raising fuel prices.

He was speaking in Karonga District on Sunday, when he conducted a rally with Speaker of the National Assembly Richard Msowoya and other UTM leaders.

“I promised that I will only be saying the truth. There is no way fuel prices can go up while the prices are being reduced globally. This could mean the exchange rate in our country does not reflect the truth. They want us to compensate them through fuel prices.

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“This is your [the government’s] problem not ours. Fuel prices should be reduced. This is not politics. We do not want to hear about the hikes of prices of goods, transport fares and other services and products because you are failing to work on the economy. If you fail to reduce the price of fuel, we will agree on what to do [with you],” Chilima said.

Efforts to speak to the government spokesperson, Henry Mussa, proved futile as his mobile phone was out of reach.

But, according to a Malawi Energy Regulatory Authority Press statement released on Monday, the hike has been necessitated by changes in macroeconomic fundamentals on the local market.

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