A pickle in the pockets of consumers

Friday, March 06, 2015

Pie in the sky: A stable electricity sector continues to prove elusive

A few years ago, a stellar, local writer described a situation in which a man ate a stringy piece of meat. Realising he had bitten off more than he could chew he was caught between trying to swallow the rest or spit the whole out. As the Botswana Power Corporation receives yet another bailout, Staff Writer, MBONGENI MGUNI notes that the consumers’ dilemma is even deeper

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’.

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A pickle in the pockets of consumers