Fuel prices could rise again by P1.00

Friday, April 30, 2021

Higher and higher: Pressure is building on fuel prices

The local economy could soon be hit with a one pula increase in fuel pump prices, the third increase of the year and one which would follow the P1 across the board rise effected on March 31.

This week, Botswana Energy Regulatory Authority (BERA) revealed that the local oil sector was currently in a state of under-recovery, where the price paid at the pump is lower than the price paid across borders as well as the costs involved in importing the fuel.

According to statistics shared by BERA, the under-recovery across the different fuels in the country currently ranges from 77 thebe per litre to P1.10. Illuminating paraffin is currently being sold at a P1.58 discount per litre.

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Fuel prices could rise again by P1.00

The local economy could soon be hit with a one pula increase in fuel pump prices, the third increase of the year and one which would follow the P1 across the board rise effected on March 31.

Athletics likely to go solo at Olympics

Amidst BFA fights, Sebego raises hand for presidency

Chiefs puzzled by docking of points

Fitness trainer, Zongwane breaks barriers

Khawa dangles largest payout

Ex-badminton official maintains innocence

Kwa Nokeng Oil sponsors young biker with P120,000

Kwa Nokeng Oil sponsors young biker with P120,000

Routine child vaccination imperative