BMWU’s Leru Energy seeks market traction :: Mmegi Online

FRANCISTOWN: Leru Energy, a company the Botswana Mineworkers Union (BMWU) and a private partner recently set up, is slowly taking shape, with the target of challenging the energy solution marketplace currently dominated by foreign multinationals.

Leru is a 100% citizen-owned firm whose owners are Badirakhumo Investments, a BMWU company and Southern African Stones (Pty) Ltd, a private entity. The two companies enjoy equal shareholding in the energy company.

The new firm’s goal is to provide solutions in the oil and gas sector, as well as technologies for green energy, clean coal and other renewables as well as training. Leru plans to supply 10% or more of local mines’ fuel requirements, supplying lubricants, liquefied petroleum gas, industrial gas as well as medical-grade oxygen energy. The company is also targeting mining institutes operational in the country.