BDC pumps P100m into reviving LCW

Lazarus moment: Lobatse Clay Works is set to return to full production by September
Lazarus moment: Lobatse Clay Works is set to return to full production by September

The Botswana Development Corporation (BDC) is investing about P100 million into the resurrection of Lobatse Clay Works and is confident the former market leader can recover lost ground after six years of closure.

LCW closed in 2017 as its plant wore out and became less efficient in the production of the bricks that have made it a household name in the country. BDC, the state investment and diversification agency, wholly owns LCW and has thus far invested P79 million in capital expenditure and working capital to refurbish the plant and prepare the business for operations.

Operations are expected to commence between August and September this year, and already clay mining is ongoing, BDC head of corporate affairs and strategy, Boitshwarelo Lebang-Kgetse told BusinessWeek.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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