BCL closure slows economic growth
Friday, July 07, 2017
Ripple effects: Electricty and coal production are some of the sectors affected by the BCL closure
Although the economy’s new driver, the services sector continued to perform well, it was the 28.9% decrease in the real mining value added that largely slowed economic growth.
BCL’s closure also affected coal production with Morupule Coal Mine (MCM) reducing output while the water and electricity sector also reduced output due to the closure of the copper and nickel mines.
“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...