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Letshego, MCM seal P2.2bn deal

Letso Gaborekwe and Edwin Elias PIC: KENNEDY RAMOKONE
Letso Gaborekwe and Edwin Elias PIC: KENNEDY RAMOKONE

Letshego Botswana has signed a five-year deal with Morupule Coal Mine (MCM) under which the microlender has committed P2.2 billion in funding support for the mine’s Citizen Economic Empowerment Programme (CEEP).

Through the Memorandum of Understanding signed on Thursday, Letshego’s support will provide exclusive access to funding for MCM citizen-owned business partners.

The CEEP initiative is designed to contribute to the country’s socio-economic development and also ensure the development of robust service industries that can service mines in Botswana as well as export these services in future.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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