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Botswana Oil to fork P80m dividend to gov’t

Friday, June 05, 2026 | 160 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.

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