According to a press release from Botswana Energy Regulatory Authority (BERA), retail prices of unleaded petrol 93 and 95 has increased by 58 thebe per litre and 57 thebe per litre respectively, while the retail diesel prices increased by 52 thebe per litre.
The Authority said the new prices, which took effect on March 1st, are to align with the international crude oil and refined petroleum prices. The previous retail pump price adjustments were done in September 2020.
The Authority said it will continue to monitor prices of petroleum products in both the regional and international markets and make price adjustments as and when necessary.
The Department of Mineral Resources and Energy (DMRE), South Africa, has announced an increase in the prices of petrol, diesel and illuminating paraffin; the third increase in 2021.
In Gauteng, a litre of 95 ULP which currently costs R15.67, will increase to R16.32 a litre.
Diesel (0.05% Sulphur) will increase by 54 cents a litre.
Diesel (0.005% Sulphur) will increase by 56 cents a litre.
Illuminating paraffin (wholesale) will increase by 47 cents.
Illuminating paraffin (SMNRP) will increase by 63 cents.
The Maximum Retail Price for LPGAS will increase by 87 cents per kilogram.
The Department said: “The rand appreciated, on average, against the US dollar during the period under review, when compared to the previous one. This led to lower contributions to the Basic Fuel Prices of petrol, diesel and illuminating paraffin by around 14 cents a litre.”