BPC bounces back to profits, targets higher exports

Botswana Power Corporation wants to sell excess poer to SADC neighbours
Botswana Power Corporation wants to sell excess poer to SADC neighbours

The Botswana Power Corporation's (BPC) has reportedly posted its first profit in a decade, as Morupule B's higher performance lowered the need for imported power.

Documents shared with BusinessWeek indicate that powered by Morupule B, local generation ballooned to 81% last year, the strongest in the years since the 2008 power crisis. Imports accounted for only 19% of power consumed in 2017/18.

Preliminary numbers sourced by BusinessWeek suggest the BPC posted a P200 million profit for 2017/18, a huge leap from a P140.3 million loss in 2016/17. The profit is the first since 2008, when a regional power crisis saw the BPC slump to losses which peaked at P1.6 billion in 2010. The losses triggered government subsidies from 2011 that by last year had amounted to P9.7 billion.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

Have a Story? Send Us a tip
arrow up