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Business Botswana pushes 50% cut in fuel taxes

Friday, September 23, 2022 | 310 Views |

Fuelling frustration: High pump prices have raised the cost of living this year PIC: MORERI SEJAKGOMO

The country’s largest private sector lobby group, Business Botswana, is proposing that government cuts the various taxes on fuel by 50% for six months to ease the cost of living in the economy.

The proposals are contained in a lengthy submission to the Ministry of Finance, which this week kicked off consultations for the 2023–24 budget.

Business Botswana representative, Joseph Willie told a Budget Pitso held on Tuesday that the lobby group wants fuel excise and excise-equivalent customs duty rates for fuel to be halved from April to October 2023.

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Business Botswana pushes 50% cut in fuel taxes

The country’s largest private sector lobby group, Business Botswana, is proposing that government cuts the various taxes on fuel by 50% for six months to ease the cost of living in the economy.

Stanbic pretax profits up 11%

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Inspect the voters' roll!