• BVI ships over 500 000 doses of FMD vaccines to SAJuly 2, 2025
    … as the country grapples with the worst outbreak in years STAFF WRITER RelatedPosts BVI ships over 500 000 doses of FMD vaccines to SA Tshekedi in BPF race BTCL enjoys strong growth editors@thepatriot.co.bw Botswana Vaccine Institute (BVI) has… Read more: BVI ships over 500 000 doses of FMD vaccines to SA
  • Tshekedi in BPF raceJuly 2, 2025
    Launches campaign ahead of BPF elective congress Tshekedi is heir to BPF throne, an Ian Khama’s creation – Analyst BAKANG TIRO editors@thepatriot.co.bw RelatedPosts BVI ships over 500 000 doses of FMD vaccines to SA Tshekedi in BPF race BTCL… Read more: Tshekedi in BPF race
  • CHOPPIES – FINANCE MANAGERJune 30, 2025
    RelatedPosts CHOPPIES – FINANCE MANAGER LIQUID INTELLIGENT TECHNOLOGIES BOTSWANA – SOLUTIONS ARCHITECT LIQUID INTELLIGENT TECHNOLOGIES BOTSWANA – HEAD OF SALES
  • BTCL enjoys strong growthJune 30, 2025
    Revenue jumps 4% to P1.49 billion Strong 2024 growth attributed to strategy Profit before Tax reaches P259 million, up 30%   BAKANG TIRO RelatedPosts BVI ships over 500 000 doses of FMD vaccines to SA Tshekedi in BPF race… Read more: BTCL enjoys strong growth
  • Motsepe, Butterfly’s last laughJune 30, 2025
    Court orders Botswana govt to apologise to Bridgette Motsepe Apology to cover Ian Khama, Isaac Kgosi, Welheminah Maswabi Botswana to settle huge legal bills, costs for publishing apologies As former President Mokgweetsi Masisi’s blunder haunts Botswana STAFF WRITERS editors@thepatriot.co.bw… Read more: Motsepe, Butterfly’s last laugh
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Saturday, July 5, 2025
17 °c
Gaborone
21 ° Tue
22 ° Wed
24 ° Thu
26 ° Fri
The Patriot On Sunday
Subscribe
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result
Home Analysis & Opinions

BERA (AMMENDMENT) ACT 2022- CREATING A HONEY POT

patriot by patriot
September 22, 2022
in Analysis & Opinions
250
0
Billy Sekgororoane

Billy Sekgororoane

491
SHARES
1.4k
VIEWS
ShareShareShare

PART 1

BILLY SEKGOROROANE *

RelatedPosts

Mr President, direct appointment is not a panacea for corruption

BCP should not reject forming a coalition

The sham that was BNFWL elective congress

During its past sitting the Parliament hurriedly passed the Botswana Energy Regulatory Authority (AMMENDMENT) Bill 2022.

The bill sought to achieve just three things;

1.0 Classification of fuel imports as commercial stock and strategic stocks.

2.0 Creating what’s called a public body per the Act.

3.0 Empowering the Minister to authorize the public body to import fuel stocks and establish import quotas in favour of the public body.

To understand what the Act wants to achieve,  one has to first understand how the petroleum industry is currently operating. The Botswana fuel market is roughly 1.3 billion litres a year all of which is imported primarily from South Africa.

The different Oil Marketing Companies ( Puma, Engen, Total , Caltex etc.) independently source their supplies to meet local retail and commercial demand.

About 10 years ago Botswana government established its own oil company known as Botswana Oil, whose mandate was two fold; ensuring security of fuel supply and facilitating active citizen participation in the petroleum industry.

To achieve its main mandate of ensuring security of supply, Botswana Oil had to build adequate in-country storage facilities to hold strategic fuel reserves. It must be noted that to facilitate this, the government introduced what is called security of supply levy at 17.5 Thebe per liter in the fuel pricing structure from July 2017.

Botswana Oil has therefore collected up to BWP 1.2 billion for this purpose, but has still not built any new storage facilities. Botswana Oil has therefore continued to fail in its first mandate.

On its second mandate of promoting active participation of citizens in the industry one just has to ask how they are going about this when they as an organization are failing to meaningfully participate in the industry. Basically, who are their customers and what do they (Botswana Oil) do?

What the Organization intended to do, but the Regulator (BERA) denied them, was to become a super wholesaler without infrastructure. They wanted to be licensed to become the sole importers of fuel into the country, so as to supply the local Oil Marketing Companies, which would have immediately given them access to procurement and transportation of 1.3 billion litres of fuel a year for just being a middleman.

The question we asked ourselves then was what was Botswana Oil and the Ministry trying to achieve? Will giving an inexperienced entity without adequate infrastructure and international or regional support structures an exclusive mandate for the importation of fuel into the country support its security of supply objective? Fortunately BERA saw through this and denied the application.

After licking it’s wounds, Botswana Oil went back this time asking to be given a quota of the local supply to import, unfortunately it appears the law as it was, was against them.

The question to be asked then is why does Botswana Oil (which is now classified as a public body) want to import fuel for resale to the Oil Marketing Companies at all costs, while  still failing to deliver on its core and most critical mandate.

Quite clearly the amendments have nothing to do with helping Botswana Oil achieve its mandate. How MP’s let this ammendment pass is shocking.

Related

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

Gays demand same sex marriages

Next Post

African Domestic Bond Fund enters Botswana market

Related Posts

Mr President, direct appointment is not a panacea for corruption
Analysis & Opinions

Mr President, direct appointment is not a panacea for corruption

June 2, 2025
BCP should not reject forming a coalition
Analysis & Opinions

BCP should not reject forming a coalition

May 26, 2025
Analysis & Opinions

The sham that was BNFWL elective congress

May 13, 2025
Analysis & Opinions

Batswana (66%) favour direct election of President

May 5, 2025
Khama in crosshairs of BCL inquiry
Analysis & Opinions

Khama in crosshairs of BCL inquiry

April 29, 2025
Listen to the doctors!
Analysis & Opinions

Listen to the doctors!

April 28, 2025
Next Post
African Domestic Bond Fund enters Botswana market

African Domestic Bond Fund enters Botswana market

Please login to join discussion
  • BVI ships over 500 000 doses of FMD vaccines to SAJuly 2, 2025
    … as the country grapples with the worst outbreak in years STAFF WRITER RelatedPosts BVI ships over 500 000 doses of FMD vaccines to SA Tshekedi in BPF race BTCL enjoys strong growth editors@thepatriot.co.bw Botswana Vaccine Institute (BVI) has… Read more: BVI ships over 500 000 doses of FMD vaccines to SA
  • Tshekedi in BPF raceJuly 2, 2025
    Launches campaign ahead of BPF elective congress Tshekedi is heir to BPF throne, an Ian Khama’s creation – Analyst BAKANG TIRO editors@thepatriot.co.bw RelatedPosts BVI ships over 500 000 doses of FMD vaccines to SA Tshekedi in BPF race BTCL… Read more: Tshekedi in BPF race
  • CHOPPIES – FINANCE MANAGERJune 30, 2025
    RelatedPosts CHOPPIES – FINANCE MANAGER LIQUID INTELLIGENT TECHNOLOGIES BOTSWANA – SOLUTIONS ARCHITECT LIQUID INTELLIGENT TECHNOLOGIES BOTSWANA – HEAD OF SALES
  • BTCL enjoys strong growthJune 30, 2025
    Revenue jumps 4% to P1.49 billion Strong 2024 growth attributed to strategy Profit before Tax reaches P259 million, up 30%   BAKANG TIRO RelatedPosts BVI ships over 500 000 doses of FMD vaccines to SA Tshekedi in BPF race… Read more: BTCL enjoys strong growth
  • Motsepe, Butterfly’s last laughJune 30, 2025
    Court orders Botswana govt to apologise to Bridgette Motsepe Apology to cover Ian Khama, Isaac Kgosi, Welheminah Maswabi Botswana to settle huge legal bills, costs for publishing apologies As former President Mokgweetsi Masisi’s blunder haunts Botswana STAFF WRITERS editors@thepatriot.co.bw… Read more: Motsepe, Butterfly’s last laugh
The Patriot On Sunday

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?