Botswana Oil makes its weight felt
Tuesday, October 24, 2023 | 7920 Views |
To the brim: Botswana Oil is due to take control of the fuel market from next April
The policymakers behind the recent statutory notice giving Botswana Oil (BOL) the exclusive right to import 90% of the country’s fuel, were evidently not interested in half-measures, or half-stepping.
From April 1 next year under the 90% “import quota,” BOL will exclusively import nearly all of the 1.2 billion litres of fuel consumed in the country annually, and resell this to retailers such as Engen, Total, Puma, Caltex and the wholesalers.
‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...