A pickle in the pockets of consumers
Friday, March 06, 2015
Yesterday, parliamentarians voted to keep the lights on for a little longer, approving a P1.5 billion-tariff subsidy for the Botswana Power Corporation.
The latest funds, which will flow into the utility’s coffers after the start of the new financial year in April, represent the latest sturdy support granted by treasury to a parastatal battling to ‘power Botswana towards prosperity’.
While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...