Fuel up by 20thebe
Wednesday, November 01, 2017
Pump prices of fuel went up at midnight PIC: MORERI SEJAKGOMO
Economic analyst, Moemedi Mosele said the increase in retail pump prices has been expected due to the steady rise of global oil prices throughout the year.
“Since OPEC {the Organisation of Petroleum Exporting Countries} announced that it would trim production by 1.2 million barrels a day to 32.5 million, it was clear that global oil prices would rise, as they have been hovering above $50 per barrel throughout the year,” he said.
That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...