Botswana Oil Limited

𝐂𝐞𝐥𝐞𝐛𝐫𝐚𝐭𝐢𝐧𝐠 𝐄𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐜𝐞: 𝐂𝐨𝐧𝐠𝐫𝐚𝐭𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐭𝐨 𝐭𝐡𝐞 𝐒𝐞𝐧𝐢𝐨𝐫 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 & 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐏𝐫𝐨𝐠𝐫𝐚𝐦𝐦𝐞𝐬 𝐠𝐫𝐚𝐝𝐮𝐚𝐭𝐞𝐬!

𝐓𝐞𝐧𝐝𝐞𝐫 𝐍𝐨𝐭𝐢𝐜𝐞! For more information, visit: https://lnkd.in/d-SwcNAE

Welcoming Spring at Botswana Oil As we step into the vibrant season of renewal and growth at Botswana Oil we embrace the beauty and energy that spring brings. This season is a reminder of our commitment to fueling progress, sustainability, and empowerment in our beloved nation. We continue to ignite opportunities through our Citizen Economic Empowerment Programme, ensuring that we give citizens a chance to bloom in their respective fields. Here's to fresh beginnings, flourishing communities, and a brighter, greener future for all. Happy Spring!

𝐁𝐎𝐋 𝐀𝐓 𝐓𝐇𝐄 𝐎𝐋𝐃𝐌 𝐆𝐄𝐍𝐄𝐑𝐀𝐋 𝐌𝐀𝐍𝐀𝐆𝐄𝐑’𝐒 𝐖𝐀𝐋𝐊 𝟐𝟎𝟐𝟒 Botswana Oil Limited (BOL) this weekend participated in the Debswana-Orapa, Letlhakane, and Damtshaa Mines (OLDM) General Manager’s Walk, an event organized as part of Debswana’s Corporate Social Investment (CSI) initiatives. This walk was aimed not only to address the socio-economic needs of the Boteti Sub District. In addition to raise funds for community-focused projects and to promote wellness through an active and healthy lifestyle. The event was a celebration of health and community spirit, bringing together participants for a day filled with joy, and excitement. It included a variety of activities for all ages, such as games and friendly competitions between youths and adults. BOL Lounge brought about a fun atmosphere by setting up a special area for cool-down games after the walk. This space provided a relaxed environment for networking and enjoying fun-filled moments with colleagues, customers, family and friends.

𝐖𝐄 𝐌𝐄𝐓, 𝐄𝐍𝐆𝐀𝐆𝐄𝐃 𝐀𝐍𝐃 𝐃𝐄𝐋𝐈𝐁𝐄𝐑𝐀𝐓𝐄𝐃 𝐀𝐓 𝐓𝐇𝐄 𝐁𝐎𝐓𝐒𝐖𝐀𝐍𝐀 𝐂𝐎𝐍𝐒𝐔𝐌𝐄𝐑 𝐅𝐀𝐈𝐑 𝟐𝟎𝟐𝟒 Botswana Oil Limited (BOL) leverages on events like the Botswana Consumer Fair to strengthen connections with customers and stakeholders, enhance brand visibility, gain valuable market insights, and foster meaningful networking opportunities. These events facilitate face-to-face interactions, allowing for immediate feedback and highlighting BOL's commitment to exceptional customer service. Aligned with this year's theme, “Building a Sustainable Future: Balancing Economic Growth and Environmental Conservation,” BOL showcased its initiatives towards innovation and sustainability. The company's efforts were recognized as it secured first place in the Parastatals, Non-Regulator category. This accolade reflects BOL's continuous pursuit of improvement and excellence. Congratulations to BOL for this impressive achievement and for continuing to drive forward with innovation.

𝐁𝐨𝐭𝐬𝐰𝐚𝐧𝐚 𝐎𝐢𝐥 𝐚𝐭 𝐭𝐡𝐞 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐁𝐨𝐭𝐬𝐰𝐚𝐧𝐚 𝟏𝟕𝐭𝐡 𝐍𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 Yesterday marked the successful conclusion of the Business Botswana 17th National Business Conference (NBC) in Francistown, where thought leaders and key decision-makers converged to chart the course for our nation's economic future. At Botswana Oil, we were proud to participate in this prestigious event, which culminated today, on the last day, in a dynamic debate to draft the 17th NBC Resolutions. These resolutions are set to influence transportation of the business landscape in Botswana, driving innovation and sustainable growth. Our stall provided an excellent platform to engage with conference attendees, sharing insights on how Botswana Oil is empowering local businesses through our Citizen Economic Empowerment Programme. Additionally, BOL Senior Manager- Marketing and Communications, Mpho Mokgosi engaged with several media houses to address Batswana's concerns about the security of fuel supply, reaffirming our commitment to ensuring stability in the petroleum sector. The event concluded with official closing remarks by Honourable Mmusi Kgafela, Minister of Trade and Industry, setting the stage for the implementation of the resolutions discussed today. We are excited about the future and look forward to contributing to Botswana's economic transformation.

𝐁𝐨𝐭𝐬𝐰𝐚𝐧𝐚 𝐎𝐢𝐥 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 𝐚𝐭 𝐭𝐡𝐞 𝐁𝐨𝐭𝐬𝐰𝐚𝐧𝐚 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐅𝐚𝐢𝐫 𝟐𝟎𝟐𝟒! We welcome you to our stall to: - Learn about BOL’s 90% import mandate - Discover our Citizen Economic Empowerment Programme - Appreciate the ongoing infrastructure projects and initiatives - Discuss and explore potential opportunities for collaborations Visit us to engage and take part in the quiz. We look forward to connecting with you!"

𝗕𝗢𝗧𝗦𝗪𝗔𝗡𝗔 𝗢𝗜𝗟 𝗜𝗡𝗖𝗥𝗘𝗔𝗦𝗘𝗦 𝗖𝗜𝗧𝗜𝗭𝗘𝗡 𝗧𝗥𝗨𝗖𝗞𝗜𝗡𝗚 𝗢𝗪𝗡𝗘𝗥𝗦𝗛𝗜𝗣 𝗜𝗡 𝗙𝗨𝗘𝗟 𝗜𝗡𝗗𝗨𝗦𝗧𝗥𝗬 • Ownership of citizen trucks in fuel transportation rise from 3% to 25% • Of 400 trucks transporting fuel, 116 are citizen owned Botswana Oil Limited Senior Manager- Commercial, Thabo Simon, has said the National Oil Company has made strides in enhancing citizen participation within the oil industry. Speaking as a panelist on the theme "Enhancing Private Sector Growth Through Value Chain Development," at the ongoing National Business Conference in Francistown, Simon highlighted the historical barriers that have hindered local participation in the sector and the transformative role that BOL has played in overcoming these challenges. "For many years, there was a huge barrier to entry in the oil industry. Citizens were not able to participate in the fuel industry value chain in Botswana," Simon said. He explained that the industry was largely dominated by a few multinational companies, leaving little room for local entrepreneurs to thrive. However, BOL was established with a mandate to change this dynamic by facilitating meaningful participation of Batswana in the oil sector. One of the most notable achievements shared by Simon was the significant increase in the number of Batswana-owned fuel trucking businesses. "Before BOL, less than 3 percent of Batswana were in the fuel trucking business. Today, 10 years since Botswana Oil was formed, the number has risen to 25%. Of the 400 trucks transporting fuel, 116 are now owned by Batswana," he reported. He said this represents a substantial improvement in citizen involvement, directly contributing to the growth of the local economy. Simon also highlighted a key facilitation role played by Botswana Oil in negotiating with SASOL, a major fuel supplier, to allow Batswana to buy fuel directly from them. Initially, local entrepreneurs faced barriers to entry, including the lack of capacity required by refineries. To address these challenges, BOL has been instrumental in capacitating citizens, providing training, and helping them secure funding through partnerships with commercial banks. Botswana Oil's efforts extend beyond just opening doors for local participation. Simon said the National Oil company consistently engages with citizen-owned companies to ensure they understand the industry dynamics and operate efficiently. "Botswana Oil constantly engages citizen companies to ensure that there is continual engagement to understand what the industry is about and making sure that things are done well," Simon added. BOL has been granted a 90% quota allocation to import all petroleum products into Botswana. This order, which came into operation on the 1st of April 2024, marked a major shift in BOL's mandate to empower local businesses. The remaining 10% of the quota has been allocated to citizen companies, further enhancing their participation in the sector.

𝐂𝐨𝐧𝐬𝐮𝐥𝐭𝐚𝐧𝐜𝐲 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭 𝐨𝐟 𝐓𝐡𝐞 𝐁𝐎𝐋 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭, 𝐒𝐨𝐜𝐢𝐚𝐥 𝐚𝐧𝐝 𝐆𝐨𝐯𝐞𝐫𝐧𝐚𝐧𝐜𝐞 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 (𝐄𝐒𝐆).