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
Molepolole unrest: Urgent attention on missing person cases

From Jakoba's mysterious disappearance on November 9 to the grim discovery of his remains at Mosinki Lands, a gap in the response mechanisms of the police and village leadership has been laid bare. The community's anger is evident, seen in the attack on Bakang Masole, the man found driving Jakoba's taxi and the main suspect, and the subsequent riot. Residents express discontent, citing a troubling trend of missing persons cases often...

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