Business Botswana pushes 50% cut in fuel taxes

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

Editor's Comment
Are police trigger-happy?

Unfortunately, that day turned sour for those who were shopping at Sefalana Cash and Carry in Gaborone West Industrial.The exchange of fire that ensued between members of the Botswana Police Service (BPS) and robbers who had allegedly robbed a G4S cash-in-transit vehicle left two civilians dead, three robbers struck down, and an undisclosed number of citizens wounded.One deceased civilian is reportedly an employee of the Citizen Entrepreneurial...

Have a Story? Send Us a tip
arrow up