Gvt weighs Khoemacau 15% stake option

Johonnes Tsimako of Khoemocau Copper Mining
Johonnes Tsimako of Khoemocau Copper Mining

Government has engaged an international consulting firm to evaluate if the state should exercise its right to take up a 15 percent stake in budding mining house, Khoemacau Copper Mining.

The mining company, which bought off Boseto Mine from Discovery Metals this year, is building a 50,000 tonnes a year copper mine near Somelo, in the northwest.

Khoemacau regional manager, Johannes Tsimako told BusinessWeek that the government has not yet advised on whether it would take up the stake as it was still awaiting recommendation from the consultancy firm.

Editor's Comment
Batswana need to do better to stop FMD

It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...

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