Investors bemoan govt�s decision on Morupule B tender

Friday, October 07, 2016

Local investors lament they were sidelined in the Morupule B tender

A recent decision by government to directly award a tender for the construction of units 7 and 8 at Morupule B to a South Korea-based consortium came as a blow to Botswana’s own local companies, energy and coal firm, African Energy decries.

Government says it is currently in negotiations to use the direct appointment method to engage a joint venture between two South Korean firms, KEPCO and Daewoo, to construct Unit 7 and 8 at Morupule B.

In a statement, the Botswana Stock Exchange (BSE)- listed African Energy says the South Korean consortium has no operations in Botswana and has not previously invested anything in the country, while Botswana-based coal and energy companies have made considerable progress towards exploration and development of mines and power stations.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

By-elections often arrive quietly, triggered by unfortunate circumstances such as the death of the area councillor PIC: KENNEDY RAMOKONE

Moremaoto votes, parties face reality

Tsaone Basimanebotlhe | 2d ago

High Court orders ZCC Botswana to reunite

Laone Choeunyane | 2d ago

Day 3: Search for Maun missing boy continues

Staff Writer | 2d ago

Long 1,900km drive awaits netball teams

Calistus Kolantsho | 2d ago

Ngada to pip seasoned campaigners for AFCON place?

Kabelo Boranabi | 2d ago

Oneal R&B orchestra shares African story

Lucy Kgweetsi | 2d ago

Yarona FM to host Just Kidding Fam Fest

Nnasaretha Kgamanyane | 2d ago

Softball Spectacular to quench players’ thirst

Calistus Kolantsho | 2d ago

Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

The Monitor Editor | 02 December 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More

Investors bemoan govt�s decision on Morupule B tender

A recent decision by government to directly award a tender for the construction of units 7 and 8 at Morupule B to a South Korea-based consortium came as a blow to Botswana’s own local companies, energy and coal firm, African Energy decries.