Industry players push against Botswana Oil import quota
Friday, April 03, 2026 | 660 Views |
Tough times: The U.S and Israel conflict with Iran has raised oil prices by triple figures PIC.PIXELS.COM
Late last year, multinational oil companies reportedly submitted their views on the review of Botswana Oil’s mandate to import 90 percent of the country’s fuel. Insiders involved in the process say the multinationals, who lost their mandates to Botswana Oil in 2024, have strongly pushed for a reduction of the 90%, a position only hardened by the outbreak of the Middle East crisis.
Engen Botswana, the only listed oil company, this week announced a 55 percent drop in pretax profits which directors said was linked to the “commencement of the petroleum products importation quota”.
Our weekly edition carries painful articles of people being murdered. Whilst some are classified as Gender Based Violence (GBV), there are still a large percentage of murder cases, which often happen at drinking spots, after people are heavily intoxicated. We have in the past carried articles where an individual was murdered because they refused to give someone a cigarette, and sadly this is where we are at now!In this very edition, there is an...