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Gov’t reserves 24% mining ownership for citizens

Friday, October 17, 2025 | 510 Views |

Spreading opportunity: Kenewendo PIC: KENNEDY RAMOKONE

The amendments to the Mines and Minerals Act giving government or citizens the right to purchase up to 24% equity in all new mining licences, have taken effect.

The amendments were initially passed by Parliament last year and mark an increase from the 15% government had the right to purchase in new mining operations.

A 24% equity is significant because it gives enough power to protect the minority partners’ interests and to influence key decisions, even without being the majority owner. However, it is below the 24% blocking majority required for making major decisions.

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Gov’t reserves 24% mining ownership for citizens

The amendments to the Mines and Minerals Act giving government or citizens the right to purchase up to 24% equity in all new mining licences, have taken effect.

Gov't moves to close tax gaps

Chief judge promises fairness at tomorrow's Miss Botswana finale

High pressure mounts on fuel prices

We respect AFCON final decision – Babitseng

Court blow rocks BPF leadership

BPF moves to rebuild unity-Lucas

‘Reatile, Ookeditse deal was gentleman’s agreement’

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