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Clean energy push could threaten Tshele Hills’ funding

Securing supply: The Tshele Hills project will boost fuel security. Funds were previously provided through the National Petroleum Fund which was subsequently embroiled in a multi-million Pula fraud saga PIC: KENNEDY RAMOKONE
Securing supply: The Tshele Hills project will boost fuel security. Funds were previously provided through the National Petroleum Fund which was subsequently embroiled in a multi-million Pula fraud saga PIC: KENNEDY RAMOKONE

FRANCISTOWN: The much-anticipated Tshele Hills fuel storage project might face funding challenges, according to an official from the Department of Energy.

The 171 million-litres Tshele Hills storage project aims to increase the country’s strategic oil reserves from the current 18 to 60 days of supply without additional inflows of fuel.

The long-delayed project is among a group of investments at the top of government’s renewed push for Public Private Partnerships (PPP).

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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