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BDC, CEDA pump millions into Phikwe oxygen plant

Kicking off: Officials at the groundbreaking ceremony last week PIC: BDC FACEBOOK
Kicking off: Officials at the groundbreaking ceremony last week PIC: BDC FACEBOOK

State investment agency, the Botswana Development Corporation (BDC), has injected P42.6 million into a Selebi Phikwe-based oxygen firm, Oxygas.

The move will see the country meet its national demand and reduce dependence on imported medical and industrial gases.

Oxygas is a 100% citizen-owned company that manufactures medical and industrial gas.

Editor's Comment
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

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