Fuel prices: Pressure piles, as arrears to suppliers near P1bn
Friday, January 19, 2018
BusinessWeek has established that cumulatively, the country’s oil companies have not been paid in more than nine months and have been forced to hunt for, often, expensive avenues to shore up their operating capital.
The National Petroleum Fund (NPF), which collects levies from motorists and is supposed to pay retailers, is reportedly on its knees; a situation industry analysts say has been worsened by the Fund’s highly publicised legal troubles.
While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....