Shumba Coal eyes power exports to Namibia
Thursday, October 08, 2015
The Botswana Stock Exchange (BSE) listed company looks to set up an initial 1.5 million tonnes per annum (mtpa) coal mine at Sechaba, near Morupule by next year to supply thermal coal locally.
In a market update for the year ended June 2015, Shumba says it will then double the capacity of the mine to cater for the 300MW power station, which is expected to export power to Namibia the following year.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...