Botash sale timeline remains uncertain

Big plans: Botash has a P6billion expansion plan on the cards
Big plans: Botash has a P6billion expansion plan on the cards

FRANCISTOWN: The Mineral Development Company Botswana (MDCB) has said that it cannot give a detailed timeline concerning the completion of the sale of Botash Mine.

More than a year ago, South Africa's Chlor-Alkali Holdings (CAH) announced plans to exit its 50% shareholding in Botash, the country's sole producer of soda ash and salt. MDCB, the state-owned minerals investment company, was then appointed the commercial advisor in the transaction. Government is reportedly considering buying the 50% shareholding from CAH, a development that would result in the latter owning the entire shares.

Recently, MDCB Chief Executive Officer, Matome Tsholetsa Malema, told the media that the process to complete the transaction is ongoing but there can be no concrete timelines given.


Editor's Comment
Women in Politics caucus NGO, a welcome development

In the 2014 General Election, women who stood for parliamentary elections were a mere 17 out of a total of 192 aspirants, and sadly the number dropped to 11 out of 210 parliamentary aspirants in the 2019 General Election. Hopefully, registration of the Women in Politics Caucus will give women the necessary support to join politics. While things were slowly improving, women for a long time were at the receiving end as compared to their male...

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