Botswana Oil to fork P80m dividend to gov’t

Friday, June 05, 2026 | 0 Views |

All roads lead to: An AI rendition of the BOL’s 90 percent import mandate PIC: MICROSOFT BING ARTIFICIAL INTELLIGENCE

Botswana Oil (BOL) expects to issue a P80 million dividend to its government for the 2025–2026 financial year, buoyed by an import mandate monopoly that has caused a stir in the market.

Since legislative changes that saw the parastatal being awarded a 90% import monopoly of petroleum products into the country, its financial performance has been on the upswing, with management expecting to declare growing dividends for the third year.

Appearing before the Parliamentary Committee on Statutory Bodies and State Enterprises last week, BOL acting CEO, Latelang Chakalisa, revealed that the organisation was experiencing year-on-year growth in its financial metrics.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Witness details how Mojadigo sexually assaulted minor girl

Larona Makhaiza | 12 h ago

Botho University supports climate storytelling

Larona Makhaiza | 26 Jun 2026

The Final Stroke artworks for premium auction

Goitsemodimo Kaelo | 17 h ago

Media practitioners urged to humanise LGBTQI+ stories

Johannes Kambai | 18 h ago

Bongo Maffin replaces BOP at 70s & 80s Disco Party

Staff Writers | 19 h ago

Lack of facilities bleeds rugby coffers

Calistus Kolantsho | 19 h ago

Softball warns against zonal teams

Calistus Kolantsho | 19 h ago

Youth, women positioned for energy sector opportunities

staff writer | 19 h ago

Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

The Monitor Editor | 02 June 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.