Morupule B sale to be finalised by July

Speaking to Mmegi Business on the sidelines of kgotla meetings he held here this week, Minister Sadique Kebonang said negotiations have so far progressed smoothly with China Machinery Engineering Corporation (CMEC) having completed their due diligence.

“The process of the sale of Morupule B is ongoing, we expect it to be done by end of July. We have been meeting with the prospective buyer and we have been changing notes. My team from the ministry will be heading to China in three days for due diligence purpose and bench marking,” he said.