Mogae receives Indian mining magnates

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The Minister of Minerals, Energy and Water Resources Ponatshego Kedikilwe joined President Festus Mogae on Monday afternoon to receive representatives of two Indian diamond cutting and coal mining companies at the Office of the President.

Sudir Mehta of Torrent and Dilip Mehta of Rosyblue proceeded to hold talks with other relevant ministries later in the day. 

Sudir, whose company is also exploring opportunities of investing in power generation, met with officials of the Botswana Power Corporation. Torrent is keen to mine coal in Botswana mainly for export to India where Sudir says demand is "enormous".
After the exploratory meetings, Sudhir, who is the Chairman of Torrent, said after learning of Botswana's vast coal reserves, his company was ready to invest $500 (approximately P3.1 billion) to develop a mine here.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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