BCL injects additional P53m into Pula Steel

Tuesday, June 30, 2015

Pula Steel Manufacturing and Casting plant still under construction. Pic Chakalisa Dube

FRANCISTOWN: BCL has injected a further P53 million to support the construction of its subsidiary, Pula Steel Manufacturing and Casting Plant, said Managing Director Daniel Mahupela when addressing the media recently.

Before the injection of funds in March this year, an initial P89 million was budgeted for the construction of the plant.

Mahupela said the additional P53 million was injected in the company because the scope of designs has been expanded after it was initially reported that the company has exhausted the money and had requested BCL to assist with additional funding.

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BCL injects additional P53m into Pula Steel

FRANCISTOWN: BCL has injected a further P53 million to support the construction of its subsidiary, Pula Steel Manufacturing and Casting Plant, said Managing Director Daniel Mahupela when addressing the media recently.

Rollers, Orapa brace for two-part sequel

Stanbic pretax profits up 11%

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Inspect the voters' roll!