OP discusses BPC tariffs hike

source: Mmegi
MBONGENI MGUNI
Staff Writer

Government is mulling over a possible tariff increase or capital injection for the Botswana Power Corporation (BPC) whose continued operations are reportedly threatened by severe cash flow constraints.

For nearly three years, the BPC has returned losses to its sole shareholder, government, owing mainly to the increasing costs of supplies, material and operations set against virtually static tariffs. While the corporation’s rising expenses have been driven by its mandate to electrify the country, government has been hesitant to authorise an onerous tariff increase to [continue reading]

Advertisements


%d bloggers like this: