Most Karowe Mine workers to keep jobs
Friday, December 16, 2016
Staying put: Some of the workers will be absorbed by the new contractor
Lucara’s subsidiary Boteti Mining, which owns the high-value diamond project, is finalising a deal with a new contractor following the termination of its agreement with Eqstra Botswana.
The move only impacts mining staff responsible for the drill, blast and delivery of ore to the plant, with diamond sorters unaffected.
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...