Botswana Halts Fuel Levies for Six Months as Oil Prices Rise (1)

Botswana will suspend the levies it charges on the sale of motor fuel for six months due to the rise in oil prices as a result of the conflict in the Middle East, President Duma Boko said.

The suspension will cut the price of petrol by 12% after it was boosted to 20.52 pula ($1.45) a liter on March 28. The price of diesel will fall 10% from 25.05 pula per liter.

Botswana is one of dozens of African countries ranging from South Africa to Malawi and Mauritania struggling to deal with the impact of the surge in oil prices ...