ICCC CONSIDERS EARLY FARE REVIEW, WARNS OPERATORS AGAINST OVERCHARGING
The Independent Consumer and Competition Commission (ICCC) is fast-tracking a special regulatory review of public transport fares following a K1.00 per litre fuel price hike, while issuing a strict warning that Public Motor Vehicle (PMV) and taxi operators face immediate prosecution if they unilaterally overcharge commuters.ICCC Commissioner Roy Daggy confirmed that the statutory watchdog is actively assessing whether an emergency adjustment to public motor vehicle (PMV) and taxi fares were necessary before the scheduled annual review for 2027.He said the review would consider how higher fuel prices have affected transport operators, while ensuring any proposed increase is justified by actual operating costs.Daggy said a decision could be made in the coming days or weeks, subject to the commission's assessment and formal approval process.However, he stressed that higher fuel prices do not automatically justify higher passenger fares, as fuel is only one component of the overall cost of running a transport service."Until any revised fares are formally approved and gazette, operators must continue charging the existing approved rates."He emphasized that the ICCC is also reminding commuters to report suspected overcharging as transport businesses adjust to rising fuel costs.Passengers who are charged above the approved fare are encouraged to record the vehicle's registration number, route, time of travel and amount paid, and submit the details to the commission for investigation.Daggy said operators who charge fares outside the approved rates could face penalties for non-compliance.The commission regulates maximum fares for licensed PMV routes and taxi services in designated centres, meaning operators cannot independently increase charges in response to changes in fuel prices.The outcome of the early review will determine whether transport operators receive some relief through approved fare adjustments, while ensuring commuters are protected from unjustified increases.Until the ICCC announces a formal decision, passengers and transport operators are expected to comply with the current gazetted fares.
Published on
October 10, 2026