New fuel tax introduced
Friday, June 30, 2017
Minerals Resources, Green Technology and Energy Security minister, Sadique Kebonang said Cabinet has approved the fuel levy, which will kick in on July 1, 2017. The new tax will be in addition to the current fuel levy of 13.5 thebe per litre. Botswana consumes about 1.2 billion litres of petroleum products per annum.
This means the new tax could raise as much as P200 million per annum. Botswana Oil chief executive officer, Willie Mokgatlhe told BusinessWeek that the new tax might not immediately lead to an increase in fuel pump prices as the National Petroleum Fund (NPF) might be able to cushion the effect of the tax in the short term.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...