Galane secures loan deal with Samsung
Wednesday, August 27, 2014
In a statement released to the Botswana Stock Exchange, the company said Samsung has agreed, subject to certain conditions, to provide the loan facility to Galane Gold in return for the sale and delivery by the company’s Botswana operating subsidiary, Mupane Gold.
Under the agreement, Galane will provide a minimum of 1,607 ounces of gold per month for a period of two years payable by Samsung at a fixed discount rate to the then prevailing spot price upon delivery.
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...