Stalemate over Morupule Bs US$800m expansion goes to OP

The countrys highest office has entered the four-year deadlock over whether government should go ahead with the US$800 million (P8.6 billion) expansion of Morupule B; several highly placed insiders have confirmed to BusinessWeek.

Two Asian mega-corps – Marubeni from Japan and Posco from South Korea – won the tender to expand Morupule B by 300MW in 2015 and were due to have begun work in January 2017 on a 42-month contract.

While Morupule B currently has four units capable of producing 600MW, it has never produced that much due to frequent breakdowns and is due to undergo intensive repairs over the next four years. The Asian joint venture meanwhile has still not kicked off due to a dispute over a government support agreement required for the two firms to reach financial close.

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Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

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