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Provisional liquidator, Nigel Dixon-Warren said the exercise is expected to conclude by the end of this month. This brings hope that the takeover deal will be sealed soon and in turn revive the Mine and the local economy. The due diligence exercise...

She will be contesting for a position that is currently held by Bobirwa MP Shaw Kgathi. Phuduhudu who is currently an additional member in the Botswana Democratic Party’s (BDP) central committee believes that she has time, strength, experience...

Dixon Warren said the company officials arrived mid-March. He added that the due diligence process involves assessing the company assets and any information to determine whether they can make an offer. “Once they finish the exercise they can...

Government this week unveiled a package of incentives for investors to set up shop in the region following the demise of BCL Group. The incentives, which are categorised into six packages, include fiscal incentives, government off-take, and...

The company has been placed under Judicial management by the High Court, and all orders by creditors to attach the company’s property have been suspended. However the order came after one creditor had already attached and auctioned some trucks,...

The incentives, which are categorised into six packages, include fiscal incentives, government off-take, provision of land, input costs, softer SPEDU region labour laws and one stop service centre. The fiscal incentives include a five percent...

But the agency has revealed that the company has been placed under care and maintenance while its shareholders raise the required capital to transition it into a sustainable entity. There have been allegations that CEDA and Government were sick and...

Councillors have proposed that the P20 million allocated under the Constituency Development Fund to the town’s two constituencies be exclusively set aside to sprucing up internal roads, storm water drainage and sewerage system. During this...

The DHMT has now requested an amount of P200,000 on domestic vote, P300,000 on food vote, P300,000 on office supplies, P390,000 on non- communicable disease drugs as well as P164,000 on the ARV drugs vote. This came to light last Friday when the...

Government, which is a shareholder, would also lay claim to the money that was used to pay former employees terminal benefits as well as royalties, once the liquidation process is finalised. The provisional liquidator administered the payment of...

Speaking at a full council meeting yesterday, town  Mayor Amogelang Mojuta provided details on three projects at the frontline of Selebi-Phikwe’s attempts to survive. According to the Mayor, one of the projects involves is a...

Masilo is currently employed as an Economist at the Selebi-Phikwe Town Council and is from Sekoba ward that is supreme in the village. He is the son of Adam Masilo who passed away last year. His name was submitted alongside that of Dimakatso Patane...

They also ordered the CEO to resign with immediate effect. The enraged employees have not received their December salaries in full as well as those for January. What irked them the most was that the CEO wrote them letters assuring them of payment of...

It has been established that some homes recharged for about only P10  way back in 2013 and have never recharged, though their homes  continue to consume electricity without a hitch to this day. The cash-strapped Botswana Power Corporation...

This major breakthrough for the horticultural processing plant was secured a fortnight ago following negotiations that started last July. Choppies will be the main consumer and it is expected to constitute 40% of NAPRO’s market. “We are...