Article By: Tumelo Mouwane
Public transport operators may seek a fare increase following several consecutive increases in petrol prices recently.
Botswana Taxi Association publicity officer Mike Keo-bokile told Gabzfm news that the association is still evaluating the economic situation faced by their industry before approaching the Ministry of Transport and Public Works to demand an increase.
Keo-bokile said high petrol prices have eroded profits from their business hence the need for public transport fare adjustment.
Botswana Energy Regulatory Authority, BERA announced yet another fuel price increase yesterday. Retail price for both unleaded petrol 93 & 95 has been increased by 61 thebe per litre.
Diesel has been adjusted by a P1. 06 thebe increase whilst paraffin is now 97 thebe more expensive. The last price increase was last month.
The regulator said in a statement that the adjustments are based on the analysis of the movement of petroleum products prices for the month of September.