IAMGOLD puts delisting on hold

Gold miner Iamgold has put on hold its plans to delist from the Botswana Stock Exchange (BSE).

According to BSE officials, the company had announced its intention to delist from the bourse, on which it has a secondary listing, as the counter was inactive due to liquidity constraints.

However, officials say the mining company, which owns Mupane gold mine in the Northern district, has put on ice their decision for now.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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