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
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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