Creditor wants Minergy under judicial management
Friday, May 30, 2025 | 640 Views |
Under pressure: A major creditor wants Minergy under judicial management PIC: PHATSIMO KAPENG
Whilst details on the identity of the creditor were not available at press time, industry insiders indicate the difficulties may have to do with the current or former mining contractor. The funds paid to the mining contractor constitute the highest operating costs for mines such as Minergy’s Masama Coal Mine.
Directors at the troubled operation confirmed the latest developments in an update to Botswana Stock Exchange investors.
For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....