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
Boko should stop the fighting and start the delivering

With his theme of 'Delivering on Our Promise, One Step at a Time', he sought to project an image of a focused, determined leader building a new ‘Rome’. Sadly, parts of his speech were not about laying bricks, but about settling old scores.It is deeply worrying that a head of government would use such a pivotal national address to launch another bitter broadside against the media and his political detractors. His portrayal of the...

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