BCL injects additional P53m into Pula Steel

Pula Steel Manufacturing and Casting plant still under construction. Pic Chakalisa Dube
Pula Steel Manufacturing and Casting plant still under construction. Pic Chakalisa Dube

FRANCISTOWN: BCL has injected a further P53 million to support the construction of its subsidiary, Pula Steel Manufacturing and Casting Plant, said Managing Director Daniel Mahupela when addressing the media recently.

Before the injection of funds in March this year, an initial P89 million was budgeted for the construction of the plant.

Mahupela said the additional P53 million was injected in the company because the scope of designs has been expanded after it was initially reported that the company has exhausted the money and had requested BCL to assist with additional funding.

Editor's Comment
Happy Independence!

We are 56 years old and what do we have to show for it? Looking at where Botswana started and where it is today, there are a lot of developments, but whether the developments match the number of years we have enjoyed as a country is a topic for another day.The fact that cannot be denied is we have seen major developments, but we are still lacking in several pertinent areas.Our beautiful country imports almost everything. We import fuel, food,...

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