Gov’t to cede mining equity entitlement to Batswana
Friday, July 07, 2023 | 670 Views |
Amendments to the Act could also potentially see the 15% equity option for government increased to 26%, BusinessWeek has established.
The current Mines and Minerals Act allows government to buy a 15% shareholding in any new mining project, with an option for a higher, negotiated stake in diamond mines.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...