High hopes for another fuel price slash

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Department of Energy Affairs officials will meet next week to review fuel prices amidst expectations of a cut. Oil prices in the international market have slumped by over 50 percent in the past six months, due to over supply from the Middle East producers, raising hopes of retail price cuts.

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.

Editor's Comment
Ruling party should tread carefully on cadre deployment

But on the particularly sensitive question of cadre deployment, the BNF must tread very carefully.The issue deserves robust debate, not ideological enthusiasm. Recent public comments from the BNF leadership are reassuring: the party has said that government positions should be based on merit and competence rather than party membership, and that it does not have a specific cadre-deployment policy.That principle should remain firmly at the centre...

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