Shumba wins coal licences auction
Thursday, September 11, 2014
The company, listed on the Botswana Stock Exchange (BSE) is also currently developing the Sechaba power project near Morupule. It is the second company to win coal licences rights through a tender since the auctions were introduced by government last year.
Shumba coal managing director Mashale Phumaphi told Mmegi Business the company would spend close to P3 million in the next three years to ascertain the presence of coal reserves in the area. Coal exploration was first done by major mining companies over four decades ago.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...