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
Makgekgenene played her part

“Ignore the noise, focus on your work”- AnonymousAs the DG of such a controversy-ridden institution, you really played your part in the fight against corruption and economic crime. Your stay at the helm of the DCEC was quickly paying dividends under your stewardship. During your tenure, there was a lot of action as those caught on the wrong side of the law were brought to court regardless of their economic or political status. We have learnt...

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