Mmegi

BERA to revoke dormant petroleum import licences

Fuel trucks PIC: PHATSIMO KAPENG
Fuel trucks PIC: PHATSIMO KAPENG

The Botswana Energy Regulatory Authority (BERA) has announced plans to revoke all unused petroleum product import licences, a move aimed at tightening regulation of the industry and curbing potential market abuse.

According to BERA, the decision follows performance monitoring which revealed that only a limited number of licensed companies are actively importing petroleum products, despite the large number of licences issued since the authority commenced operations on September 1, 2017.

“The authority has also received disturbing allegations that these dormant licences may be misused in the market,” BERA said in a statement.

Editor's Comment
A promising step for public schools, but...

For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....

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