Mmegi

BPC secures an additional P1.2bn subsidy

Below the mark: The BPC has battled to operate at breakeven levels without government support 
PIC: PHATSIMO KAPENG
Below the mark: The BPC has battled to operate at breakeven levels without government support PIC: PHATSIMO KAPENG

The Botswana Power Corporation (BPC) is due to receive an additional P1.2 billion in tariff and operational subsidies in the 2025–2026 budget, draft estimates accessed by BusinessWeek indicate.

In the original Transitional National Development Plan (TNDP) which was due to run from April 2023 to March 31, 2025, the BPC was due for a subsidy of P1 billion. However, the Corporation in August 2023 secured an extra P1.18 billion through Parliament.

The latest estimates show that the BPC will get another boost in the financial year that starts on April 1.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

Have a Story? Send Us a tip
arrow up