Keorapetse calls on govt to rescue BCL
Tuesday, October 20, 2015
Dithapelo Keorapetse
Addressing residents of BCL location at Tebogo Primary School last Wednesday, Keorapetse said it was common for government to assist companies facing a similar predicament with supplementary budget to keep them afloat. He said a financial rescue package would cushion BCL employees from job losses or their salaries being affected by the dwindling copper and nickel prices.
He added that copper and nickel prices have dropped significantly in the world markets adding that the situation was likely to affect the mine’s financial standing.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...