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Pain at the pumps returns as fuel prices rise

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


Editor's Comment
Warm relations must not come at the expense of fair trade

“I believe that free but fair trade isan absolute imperative”– John E. JamesFor two countries bound by geography, history and deep economic ties, periods of diplomatic strain serve neither side well. President Duma Boko’s efforts to restore momentum to relations with Pretoria deserve recognition, particularly at a time when Southern Africa faces shared challenges ranging from sluggish economic growth and unemployment to energy security...

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