Lerala Mine's P81m sale stuck in limbo
Friday, August 10, 2018
Lerala Mine was auctioned off on May 30, 2018 having closed on May 29, 2017, with the winning bidder offering US$8.1 million (about P81m). Under the conditions of the sale, a portion of the funds should have been paid over within a certain period, before mining rights could be transferred, followed by the balance.
BusinessWeek is informed that a citizen-led consortium with ties to the Tswapong area put in the winning bid, but failed to close the deal due to financing challenges.
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...