Last Updated
Friday 03 July 2015, 18:03 pm.
Construction of BIUST begins

PALAPYE: Construction of the Botswana International University of Science and Technology (BIUST) is finally underway in Palapye.
By Staff Writer Sun 05 Jul 2015, 15:19 pm (GMT +2)
Mmegi Online :: Construction of BIUST begins








The first phase of the development project, with an initial cost of P429 829 million is expected to be completed in the next 18 months.

Structures will include the administration and academic block, laboratories, library and auditorium, food court, multi purpose hall and 70 staff houses.

In a media briefing at the site this week, BIUST Vice Chancellor, Professor Kweku Bentil said the second phase of the project would be conducted through the Public Private Partnership.

He revealed that out of the eight consortiums which have shown interest, four of them are pre qualified to move to the next stage and these four have already injected the required P2 million into the project. "Transaction advisors to government are currently developing tender documents for the second phase of the project," he said.

Expressing excitement at these developments, Bentil said the university has already secured strategic partnerships with NAFTEC in Kanye, AKITA university in

Japan, University of Newcastle in Australia and Universities of Guelph and Florida in Canada and the USA respectively. Bentil said BIUST will focus on researches in water preservation and quality, renewable energy, environment, food and community nutrition, mining, human and animal health.

Bentil further noted that while they have recruited staff for a number of posts, they still face the challenge of attracting people to move permanently to Palapye which does not have recreational areas.

"A lot of people who will be working here will have school going children but there is only one private school in Palapye. The other challenge is whether the hospital is big enough to cater for the staff," he said.  Bentil also revealed that staff members funded to study master degree programmes at other institutions have been encouraged to continue to the PHD and Doctorate programmes, until BIUST opens its doors in March 2011.



Exchange Rates
FOREIGN EXCHANGE: Friday, 03 Jul 2015
FOREIGN / PULA
PULA / FOREIGN
1 USD = Pula   9.9404
1 GBP = Pula   15.5280
1 EUR = Pula   11.0254
1 YEN = Pula   0.0808
1 ZAR = Pula   0.8093
1 Pula = USD   0.1006
1 Pula = GBP   0.0644
1 Pula = EUR   0.0907
1 Pula = YEN   12.38
1 Pula = ZAR   1.2356
Stock Exchange
STOCK EXCHANGE: Friday, 03 Jul 2015
DOMESTIC STOCKS
BARCLAYS
427
BIHL
1390
CHOBE
568
CHOPPIES
482
CRESTA
95
ENGEN
820
FNBB
393
FSG
255
FURNMART
163
G4S
350
LETLOLE
221
LETSHEGO
320
NAP
239
OLYMPIA
20
PRIMETIME
281
RDCP
230
SECHABA
2850
SEFALANA
1203
STANCHART
1267
TURNSTAR
261
WIL
465
IMARA
274
  • Previous
    Terminator Genisys Poster
    Next
    Masa Centre
    ::: Friday 03 Jul - Thursday 09 Jul :::
    Terminator Genisys
    Magic Mike XXL
    San Andreas
    Ted 2
    Jurassic World
  • Previous
    Terminator Genisys Poster
    Next
    Riverwalk
    ::: Friday 03 Jul - Thursday 09 Jul :::
    Terminator Genisys
    Ted 2
    San Andreas
    Inside Out
  • Previous
    Magic Mike XXL Poster
    Next
    Gamecity
    ::: Friday 03 Jul - Thursday 09 Jul :::
    Magic Mike XXL
    Terminator Genisys
    San Andreas
    Ted 2
    Inside Out
    Jurassic World
Selefu
Traffic Police