Shumba buoyed by power plant�s environ nod

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Botswana Stock Exchange (BSE) listed Shumba Energy says it is elated by the recent environmental approval for its proposed 600MW power plant at Mabesekwa.

In a statement released recently, Shumba  said  the Ministry of Environment, Wildlife and Tourism has approved the company’s Environmental and Social Impact Assessment (ESIA) documentation for a proposed coal mine and associated power station at Mabesekwa.

The company had also submitted a scoping report and has received approval on the terms of reference for the Sechaba Coal IPP project station and associated 400KV transmission line.

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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