BERA stops export of petroleum products without valid liscence
Saturday, December 24, 2022 | 820 Views |
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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.
While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...