High hopes for another fuel price slash

No Image

Department of Energy Affairs officials will meet next week to review fuel prices amidst expectations of a cut. Oil prices in the international market have slumped by over 50 percent in the past six months, due to over supply from the Middle East producers, raising hopes of retail price cuts.

Neighbouring South Africa have effected a cumulative 30 percent price cut since the slump started, but in Botswana consumers have only enjoyed a six percent reduction effected in December last year.

Speaking to BusinessWeek, Department of Energy Affairs director, Kenneth Kerekang said they would make a decision on any adjustments when they meet next week. “We have only reduced prices in December but currently we are working on our price reviews. By next week we will inform the public on the changes that we are going to make,” he said.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

Have a Story? Send Us a tip
arrow up