Minergy scores P90m funding from BDC, MDCB

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Botswana Stock Exchange listed Minergy Limited has successfully raised P90 million funding from the Botswana Development Corporation (BDC) as well as the Minerals Development Company of Botswana (MDCB).

According to the coal miner, the funding is sufficient to bring Masama coal project into production, as they envisage a steady state of operations to be reached in September 2019.

The BDC is the government’s investment agency while the MDCB is the latter’s investment arm for minerals.

Editor's Comment
Let us all go to vote

Figures released by the country’s electoral management body have shown that a total of 1, 037, 684 people have registered to vote.However, eligible voters could be discouraged by events leading to the voting day like poor execution of advance voting amid talks that the elections could be unfair.There have also been threats by certain opposition politicians that shall the elections not be free and fair, they will halt them.Despite these...

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