Hope springs for retrenched Boseto workers

Competition Authority CEO, Thula Kaira
Competition Authority CEO, Thula Kaira

The proposed purchase of the insolvent Boseto Mine hopped over the second of three regulatory hurdles on Friday, as the Competition Authority (CA) consented to the P330 million transaction.

The takeover bid for the mine near Maun, which is currently under provisional liquidation goes before the High Court today for final endorsement.

If granted, the ratification would pull the mine out of liquidation and provide hope to some of the 800 miners who lost their jobs in February. The provisional liquidation comes after Boseto’s parent company, Discovery Copper Botswana (DCB), was declared insolvent early this year.

Editor's Comment
A woman’s right to choose: Or is it?

Here in Botswana, we have many single-parent households, mostly female-led, so what does that suggest? That some fathers choose to ditch the responsibility of caring for their children and leave them to the ones who carry them during pregnancy to do the heavy lifting.Of course, in other dynamics, there are instances where the father wants to keep the baby and the would-be mother does not want to, hence the saying ‘whose body is it anyway’.In...

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