Gov�t slashes aviation fuel prices

According to the latest Government Gazette, the price of Jet A1 has been reduced to P7 in Gaborone from P9.20 while prices in Francistown and Maun have also been reduced by 20% to P7.37 per litre and P7. 76 respectively.

The government says the regulation of aviation fuel is part of efforts to lure more airlines to operate in Botswana where the price of fuel per litre is considered to be amongst the highest in the world due to low economies of scale and logistical challenges. International oil company, Puma Energy Botswana which is 20% owned by the Botswana Public Officers Pension Fund (BPOPF), is the only supplier of aviation fuel.