Expensive electricity will cause multiple problems

Very soon this year Parliament will speed up the passing of Energy and Water Regulatory Act, which will result in the establishment of the Water and Energy regulator, paving a way for the independent power producers to invest in the erection of own power stations and electricity generation.


While this long awaited law would be highly welcome, the Minister of Minerals Energy and Water Resources Kitso Mokaila has not hid the fact that the generation of electricity by the private sector is going to come at hefty costs, resulting in the escalation of the costs of electricity to the consumers. We are not talking about the 10% increase in tariffs that Minister Mokaila announced this week; it will be a more serious and frightening story when the private investor factors in their production costs and profit margins expected. This brewing scenario on the horizons immediately brings back memories of one of the obstacles to doing business in Botswana over the past years—the exorbitant costs of electricity in Botswana over many years has caused a lot of concern to current and potential investors; often leading to the closures of businesses.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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