Investors bemoan govt�s decision on Morupule B tender

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.