Mmegi

Stubborn fronting limits citizens in oil sector

Liquid gold: Botswana Oil controls 90% of the country’s fuel imports PIC: MORERI SEJAKGOMO
Liquid gold: Botswana Oil controls 90% of the country’s fuel imports PIC: MORERI SEJAKGOMO

Industry players in the oil and gas sector have expressed growing concerns over the persistent issue of fronting, particularly in filling station ownership, which they say undermines citizens’ participation in the sector.

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.

Editor's Comment
Boko should stop the fighting and start the delivering

With his theme of 'Delivering on Our Promise, One Step at a Time', he sought to project an image of a focused, determined leader building a new ‘Rome’. Sadly, parts of his speech were not about laying bricks, but about settling old scores.It is deeply worrying that a head of government would use such a pivotal national address to launch another bitter broadside against the media and his political detractors. His portrayal of the...

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