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Pain at the pumps returns as fuel prices rise

Friday, September 15, 2023 | 530 Views |

Higher and higher: Fuel prices are facing north once again PIC: MORERI SEJAKGOMO

The Botswana Energy Regulatory Authority (BERA) this week put pain in motorists’ pockets with a sharp increase in retail pump prices, ranging up to P2.46, as the downtrend of lower fuel prices was suddenly broken.

BERA, which calculates fuel prices and recommends adjustments to the Ministry of Minerals and Energy, began a series of retail pump price cuts last year, stretching into this year, which helped ease inflation off the 14-year highs seen last August.

This year, BERA decreased pump prices twice by an average of P1.13 in January and 87 thebe in June, but also increased the prices twice by an average of 81 thebe in March and P1.77 on Wednesday.

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Pain at the pumps returns as fuel prices rise

The Botswana Energy Regulatory Authority (BERA) this week put pain in motorists’ pockets with a sharp increase in retail pump prices, ranging up to P2.46, as the downtrend of lower fuel prices was suddenly broken.

Human rights are sacred

Bakgatla Ba Kgafela celebrate as Kgosi Kgafela’s charges are dropped

First Lady's office hosts second annual thanks giving ceremony

PSLE performance on upward trend

Bona Life tee-off Maruapula Loxion Golf journey

Cops arrest young man, seize dagga in Metsimotlhabe

Second Mogoditshane rape attack in two weeks

Suspected suicide behind Sir Seretse Khama Barracks

Human rights are sacred