BMWU finalises Mupane sale appeal

Friday, June 03, 2022 | 440 Views |

Contested: The Botswana Mine Workers Union has vowed to resist any attempts to sell Mupane Mine without workers’ concerns being addressed PIC: MINING.COM

FRANCISTOWN: The Botswana Mine Workers Union (BMWU) plans to file its appeal against the sale of Mupane Gold Mine next week. Canadian firm, Galane Gold has sold its shares in Mupane Mine to Hawks Mining Company Proprietary Limited "at a nominal fee". Hawks is a company dominated by Mupane’s executive management, among them the current general manager, Cedric Sam.

Weeks ago, the Competition and Consumer Authority (CCA) approved the transaction, despite the union’s attempts to block the deal on the grounds that it was contrary to public interest.

“We are filing our appeal with the Competition Tribunal next week,” BMWU executive secretary, Kitso Phiri told BusinessWeek. “We have written to the Minister of Trade and Industry requesting his direction to confirm whether the authority was acting under his instruction. He has not responded. “We are awaiting his response before filing.”

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.