BCL closure inflicts dire strain on businesses

BCL Mine demise has crippled Selebi-Phikwe
BCL Mine demise has crippled Selebi-Phikwe

SELEBI-PHIKWE: A task team appointed by Business Botswana (BB) following the closure of BCL Mine has submitted a draft report highlighting the need for big investments into the region to protect the existing businesses that are facing serious viability challenges.

The report that was recently presented to the local business community by Professor Happy Siphambe, has shown that firms have lost significant business due to the mine closure. It indicates that some potential businesses whose business plans were approved by Citizen Entrepreneurial Development Agency lost viability due to closure of BCL.

He added that companies whose business relied more on BCL have been highly affected and added that for most of local companies, business went down by more than 50% since the mine closure.

Editor's Comment
Justice delayed is development denied

The P300 million internal roads tender is a case study. A bidder’s complaint revealed alleged irregularities. A tribunal ordered a re-evaluation.The council and the initial winner appealed to the High Court. Now, the Ministry of Local Government and Traditional Affairs, frustrated by the delay, writes to the council suggesting the tender be cancelled, and an alternative procurement model be explored, while the matter is still before the courts....

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