Mmamabula project acquisition gets nod
Thursday, April 09, 2015
Through a special purpose vehicle (spv) specifically created for the transaction, Jindal will offload 74 percent in what is potentially Botswana’s largest coal energy and mine project to South Africa’s Glendal Trading.
In a statement released this week, the CA said they had determined to unconditionally authorise the proposed transaction on the grounds that analysis has shown that there were no substantive competition concerns that might arise in the market for the production of energy and coal on account of the proposed acquisition in Botswana.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...