The Botswana Stock Exchange listed, petroleum company Engen Botswana Limited’ revenues dropped by P322, 451 000 (around 322 million) during the first half of 2023, following the recent decline in sales volumes and crude oil prices, according to the company’s financial statements released by Botswana Stock Exchange last week.
While the decline in oil prices in the first six months of 2023 has been welcomed by consumers and businesses, easing inflationary pressures, it has had a
Engen Botswana Limited, the petroleum and lubricant company, saw its revenue jumping up by 80.5 percent as it benefits from fuel price spikes following the