Citizens to get share in Tshele Hills project

Monday, October 03, 2022 | 1230 Views |

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.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Moagi's wealth trail laid bare as trial continues

Larona Makhaiza | 1d ago

'IT COULD FINALLY BE ENGLAND'S TIME': BERBATOV'S WORLD CUP VERDICT AS FOOTBALL'S BIGGEST STAGE COMES ALIVE

staff writer | 24 Jun 2026

Witness defends alleged Moagi-linked ‘corrupt’ tender

Larona Makhaiza | 1d ago

St. George’s University to host special ceremony in Gaborone

staff writer | 1d ago

Nando’s gives young artists a canvas to shine

Laone Choeunyane | 1d ago

Clash of events exposes karate cracks

Calistus Kolantsho | 1d ago

Last-minute race to raise funds for CUCSA Games

Calistus Kolantsho | 1d ago

Sunbet dumps Rollers, eyes GU premier deal

Kabelo Boranabi | 1d ago

Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

The Monitor Editor | 23 June 2026

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.