Business

BERA stops export of petroleum products without valid liscence

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In the past the Authority had an arrangement with the Botswana Unified Revenue Service that allowed a person to export up to 100 litres for own use without the need for an export license.

However, BERA said they have noted that such an arrangement is being abused by the fuel smugglers, hence the decision to rescind it until such a time when better means of addressing fuel smuggling would have been devised.

"The authority to temporarily prohibit export of petroleum products for own use is derived from Section 37(2) of the Botswana Energy Regulatory Authority Act on exemption from the requirements of an export licence," a statement from BERA says.