BERA kickstarts public hearings on BPC tariffs
Friday, July 10, 2020
On social media and other platforms, consumers have vented their anger over BERA’s decision to award the Botswana Power Corporation (BPC) a tariff increase in March, at a time when the economy and households were facing a mounting crisis from the coronavirus (COVID-19) pandemic.
Consumers have even accused the BPC of secretly tampering with the prepaid meters to increase the rate of consumption. The BPC has instead said higher consumption rates are associated with winter demand, the tariff increase and the fact that more people are working from home due to COVID-19 restrictions.
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...