Stubborn fronting limits citizens in oil sector
Friday, January 24, 2025 | 720 Views |
Liquid gold: Botswana Oil controls 90% of the country’s fuel imports PIC: MORERI SEJAKGOMO
Under the Trade Act 2003 and regulations issued in 2008, licences for petrol filling stations are reserved for citizens and wholly citizen-owned companies.
However, fronting which involves foreigners working with citizens intermediaries to give the impression of local ownership, is stifling the full participation of Batswana.
‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...