Sanday Chongo Kabange, AfricaNews reporter in Lusaka, Zambia
BP Plc's Zambia marketing wing is among the five African units lined up for sell by the London based global oil giant. BP Plc said it will sell its marketing operations in Namibia, Malawi, Tanzania, Zambia and Botswana after a 'strategic review' into its African operations.
BP Plc said it will focus on South Africa and Mozambique while it will also continue to invest in its operations in Angola, Algeria, Egypt and Libya.
This contained in a statement issued by BP African Unit CEO Sipho Maseko.
The intentions by BP Plc to quench its marketing wing in Zambia will further suffocate the fuel-thirsty nation which has battled with fuel shortages for years due to lack of stable suppliers from Middle East.
Late last year, Zambia experienced a month-long fuel crisis which plunged the nation in economic slowdown by paralysing industrial operations, darkening neighbourhoods and inconveniencing motorists and citizens.
AFCON: 46 hurt in Zambia victory celebrations09/02
African Peer Review Mechanism making progress08/02
Combating HIV infections among African women08/02
Legume cultivation booms in Western Kenya07/02
Malawi vendors chase out Chinese07/02
Zim: Informal sector urged to join HIV battle05/02
Elections: Wole Soyinka warns Mugabe, Wade03/02
AU elections rescheduled for June in Malawi01/02
