Morupule Coal, Absa sign P500m deal for SMEs

For the people: Morupule Coal Mine has signed an agreement that will avail funds for citizen enterprises that participate in its empowerment programme PIC: MORERI SEJAKGOMO
For the people: Morupule Coal Mine has signed an agreement that will avail funds for citizen enterprises that participate in its empowerment programme PIC: MORERI SEJAKGOMO

Morupule Coal Mine (MCM) and Absa Bank Botswana have signed a Memorandum of Understanding (MoU) dedicated to supporting Batswana entrepreneurs and citizen-focused SME development through a funding pledge of P500 million.

The two entities said the signing of the MoU underpins the confidence they have in the unlocked potential citizen-owned Small and Medium Enterprises (SME) possess in furthering their contribution to Botswana’s economic growth.

SMEs face challenges such as lack of access to the market, finances, and opportunities which the MoU will directly address.

Editor's Comment
Let justice, not politics determine Salakae’s fate

“Justice should not only be done, but should manifestly and undoubtedly be seen to be done.”-Lord HewartHis decision was the correct one.The move neither proves guilt nor settles the serious allegations that have brought him to the doorstep of the Regional Magistrate’s Court.It does, however, recognise a basic principle of accountable government, that a minister facing criminal charges should not remain in a position that could create even...

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