Business Botswana engages govt on fuel prices :: Mmegi Online

The country’s largest private sector lobby group, Business Botswana, is proposing a review of the exchange rate, temporary suspension of certain levies and subsidies as well as review of certain import restrictions, as possible solutions to the ongoing fuel price crisis.

The organisation’s comments come as it engages with government on the pressures around oil prices, as a result of the Middle East conflict. Business Botswana officials said the organisation had met with Trade and Entrepreneurship permanent secretary, Joel Ramaphoi, as part of interventions to reduce the impact of fuel price increases.

In a statement earlier today, Business Botswana head of policy and research, Mpaphi Tsholofelo, said the organisation had engaged government as many businesses were already facing cost pressures, particularly from high importation expenses from suppliers and manufacturers.

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Business Botswana engages govt on fuel prices

The country’s largest private sector lobby group, Business Botswana, is proposing a review of the exchange rate, temporary suspension of certain levies and subsidies as well as review of certain import restrictions, as possible solutions to the ongoing fuel price crisis.

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