Trafigura gets hands on BP Botswana assets-Report

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Commodities conglomerate, Trafigura, has purchased BP's assets in Botswana, Zambia and Namibia, a leading Namibian daily reports.

Earlier this year, BP announced that it would pull out of Botswana, Namibia, Malawi, Tanzania and Zambia, due to a change in strategic focus. Since the March announcement, bidders in the five countries have lined up for BP's extensive assets.

Through its London headquarters, BP has been eager to sell off its assets wholesale, as opposed to piecemeal.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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