Gov�t to support citizen investors in fuel industry

Oil and gas industry is dominated by international oil companies
Oil and gas industry is dominated by international oil companies

The government would handhold citizen companies that take lead in participating in the oil and gas industry, Mmegi Business has established.

Through Botswana Oil Limited (BOL), citizen emerging companies will be offered training on the operations of the industry, facilitating their participation and availing opportunities for them within the value chain.

BOL government and stakeholder relations manager, Matida Mmipi said this includes, amongst others, informing and educating them on the industry, reserving lease storage facilities for them in the BOL depots, as well as supplying them with products.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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