Namibia offers lessons as BPC gets more billions
Monday, March 11, 2024 | 980 Views |
Cost of production: Morupule B is the country’s main power plant
Under the original Transitional National Development Plan covering the financial years between April 2023 and March 31, 2025, the Botswana Power Corporation (BPC) was allocated P1 billion in support from government.
The Corporation was due to receive the bulk of the P2.68 billion approved by Parliament under the TNDP for “electricity generation transmission and distribution,” a description that includes tariff subsidies and support to import electricity as well as rural electrification, grid extension and the installation of renewable energy.
Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...