Botswana reduces fuel prices

What a difference with some visionless leaders elsewhere!
The government of Government has moved to relieve pressure on motorists and other fuel consumers by slightly reducing petroleum prices.
In a statement, the Ministry of Minerals, Energy, and Water Resources said that effective yesterday, both unleaded and lead replacement petrol pump prices decreased by 13 thebe per litre while diesel went down by 25 thebe.
The reduction will see petrol prices going down to P6.05 in and around Gaborone while the price of diesel will soften to P6.30.
The price of illuminating paraffin was also cut down by 37 thebe per litre. While normally, the government with a lag period of between 30 to 60 days, has been moving local fuel pump prices in line with international crude oil prices, the latest reduction comes at a time when oil prices are actually firming, confirming the previous hikes were too heavy.
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