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MCM, FNBB ink P500m five-year deal

Edwin Elias PIC: MORERI SEJAKGOMO
Edwin Elias PIC: MORERI SEJAKGOMO

Morupule Coal Mine (MCM) and First National Bank of Botswana (FNBB) have signed a five-year Memorandum of Agreement under the Citizen Economic Empowerment Programme (CEEP).

Through this partnership, FNBB has committed P500 million towards the MCM programme, which will provide exclusive access to funding for MCM Citizen-Owned Business Partners.

The objectives of the agreement are to leverage the mining value chain opportunities to support local business growth, increase citizen participation, diversify the economy and create sustainable job opportunities.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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