Anglo to start new projects in Botswana

Anglo was among a consortium of investors styled B Shareholders that had a 50-percent stake in Botash. The consortium also included AECI, First Rand Bank and De Beers Botswana.

Speaking at the handover to new shareholders Chlor Alkali Holdings in Sow Town last Friday, the Chairman of the group, Harry Calver, said Anglo was still very much in Botswana and was even coming up with new projects. Calver said it was better for the group to give up its stake in Botash because it did not consider the Botash operation to be part of its core operating activities.