High hopes for another fuel price slash
Friday, February 06, 2015
Neighbouring South Africa have effected a cumulative 30 percent price cut since the slump started, but in Botswana consumers have only enjoyed a six percent reduction effected in December last year.
Speaking to BusinessWeek, Department of Energy Affairs director, Kenneth Kerekang said they would make a decision on any adjustments when they meet next week. “We have only reduced prices in December but currently we are working on our price reviews. By next week we will inform the public on the changes that we are going to make,” he said.
Smash-and-grab incidents became common at traffic lights, Automatic Teller Machine (ATM) bombings made headlines too often, cash-in-transit robberies terrified security personnel, while home invasions left families traumatised in the very places they were supposed to feel safest. The situation had reached alarming levels and threatened not only the peace of ordinary citizens, but also the country’s reputation as one of the safest and most...