BCL pays over half a billion to creditors

The General Manager of BCL Mine, Montwedi Mphathi, was in Gaborone on Tuesday to settle the mine's subordinated debt of P430 million given in US dollars (US$65 million) and P12 million to the government.

"We are very grateful to Government for keeping us afloat during the dark times", Mphathi said when presenting the debt settlement to the Assistant Minister of Finance and Development Planning, Samson Guma Moyo and his Permanent Secretary, Serwalo Tumelo.