Economist Kelvin Chisanga says Zambia is entering a delicate phase in its fuel supply chain as stock depletion begins to signal tightening conditions.
In a statement, Chisanga explained that the country’s reliance on imports through Dar es Salaam Port and Beira Port means any delays in procurement or foreign exchange disbursement can quickly translate into supply gaps.
He observed that fuel shortages typically lead to upward adjustments in pump prices, which feed directly into transport costs and food inflation.
The Economist noted that this poses a risk to recent inflation stability and may exert pressure on the Kwacha through increased demand for US dollars.
Chisanga pointed out that mining, agriculture, and logistics are most exposed, particularly due to heavy diesel dependence.
He warned that disruptions in these sectors could affect productivity, distribution, and export performance.
The Economist emphasised that without timely intervention, Zambia faces rising supply constraints and price pressures.