Mmegi

BERA Act amendments to boost transmission investment

Making plans: Tshabang
Making plans: Tshabang

Amendments to the Botswana Energy Regulatory Authority Act are due in Parliament next month which will, amongst others, recognise independent transmission providers and introduce power trading.

Speaking at the National Business Conference in Francistown earlier today, BERA CEO, Never Tshabang, said the amendments are due to be discussed in the upcoming November sitting of Parliament.

The recognition of independent transmission providers comes as the country’s boosts its electricity generation, with various projects either ongoing or planned around the country.

Editor's Comment
Borrowers need room to breathe

“Every time you borrow money, you are robbing from your future self”-Nathan.W.MorrisBank of Botswana’s latest supervision report shows loans placed on a watch list for potential repayment problems rising to P5.5 billion. These loans have not necessarily defaulted, which means there is still an opportunity to address the weaknesses. Meanwhile, loans already in arrears have reached P5.2 billion. For households, this pressure can mean...

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