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
Doping needs our collective action

As such, we are now one step away from the shame of being labelled amongst the world’s worst offenders. This is a national embarrassment that demands an immediate, united response from every corner of our society. Pointing fingers is useless, we must all hold up our hands and play our part in the dealing with this matter.To our government and the Botswana National Sports Commission (BNSC), the call is for the to adopt decisive leadership and...

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