Citizens to get share in Tshele Hills project

Thinking big: Tshekedi expects BOL to 
more than double the country’s national strategic oil reserve
Thinking big: Tshekedi expects BOL to more than double the country’s national strategic oil reserve

A minimum of five percent has been set aside for citizen-owned companies as equity in whichever entity wins the rights to build the Tshele Hills oil storage project, with more shareholding to be reserved at the design, construction, and operation stages.

The long-awaited project is being done as a Private Public Partnership (PPP) and the winning bidder will be required to set up a Special Purpose Vehicle (SPV) to enter into agreements with the Ministry of Minerals and Energy and Botswana Oil (BOL).

Estimated at P3 billion, the project entails the construction of facilities and associated infrastructure that will boost strategic storage capacity in the South from 25 million litres to about 171 million litres.


Editor's Comment
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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