Botswana Oil’s 90 percent import mandate has delivered measurable gains, but not without trade-offs: industry performance suggests international oil companies’ margin-earning capacity has been constrained—prompting at least one player to divest assets.
report by economist Dr. Keith Jefferis assessing the impact of the 90 percent fuel import mandate allocated to Botswana Oil Limited (BOL) finds that government objectives have been partly achieved, particularly in diversifying supply routes.
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