Govt to take over De Beers stake in Morupule Colliery
Wednesday, September 15, 2010
The Government intends to bring in a strategic partner to replace De Beers in a process calculated to ensure that Botswana has more control over the prized national asset whose supplies are key to the crucial 600-megawatt Morupule B project.
Presently, the government indirectly owns 50 percent of Morupule Colliery Limited (MCL), which is a wholly owned subsidiary of Debswana, the diamond mining giant in which the government holds 50 percent equity. De Beers, which indirectly holds the remaining shareholding in MCL, has indicated its desire to move out of the colliery.
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...