Price pains: Govt pledges to intervene

People walking in main Mall PIC: MORERI SEJAKGOMO
People walking in main Mall PIC: MORERI SEJAKGOMO

The already sky-high prices of various goods and services are set to increase after fuel pump prices were increased by an average of P1.75 earlier this week, the eighth running increase since January 2021.

Available data indicates that at their latest levels, motorists in Gaborone are paying 81% more for Unleaded 95 petrol than they were in June last year.

And while the Botswana Energy Regulatory Authority (BERA) indicates that even with the latest increase, the pump prices are not yet reflective of the costs oil companies are incurring to bring the supplies over the border, the regulator is reluctant to state how much more fuel prices could or should rise.

Editor's Comment
A step in the right direction

That is indeed a welcome development, especially looking at the fact that the manual way of doing things is slowly disappearing and competency in the use of computers and other digital gadgets has become a must.The simple way of looking at it is just an example that almost all companies have gone completely digital and school leavers will be better placed after leaving school, because they will already be familiar with the use of computers.The...

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