Fuel prices could rise again by P1.00

Higher and higher: Pressure is building on fuel prices
Higher and higher: Pressure is building on fuel prices

The local economy could soon be hit with a one pula increase in fuel pump prices, the third increase of the year and one which would follow the P1 across the board rise effected on March 31.

This week, Botswana Energy Regulatory Authority (BERA) revealed that the local oil sector was currently in a state of under-recovery, where the price paid at the pump is lower than the price paid across borders as well as the costs involved in importing the fuel.

According to statistics shared by BERA, the under-recovery across the different fuels in the country currently ranges from 77 thebe per litre to P1.10. Illuminating paraffin is currently being sold at a P1.58 discount per litre.

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...

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