'Why we didn't bid for Khoemacau'
Friday, April 26, 2024 | 240 Views |
Presiding: Moagi was the guest of honour at last week’s occasion to mark Khoemacau’s takeover by MMG PIC: THE PROJECT MAGAZINE
Chinese state-powered firm, MMG, has finalised the purchase of Khoemacau for about P25 billion, the largest private-sector transaction to ever happen on local soils.
Speaking last week in Maun at a ceremony to mark MMG’s takeover, Moagi said government was aware of the capital value to be tapped from the Khoemacau mine as a strategic asset, as the world hunts for copper as a critical mineral.
When claims of such gravity are made, especially by a sitting Assistant Minister they cannot be brushed aside, delayed, or treated as routine political noise. Even the Ombudsman has confirmed receipt of a report from a political party and a review of these complaints is now underway. That is a necessary first step. But it is only the beginning. The seriousness of the allegations demands urgency, transparency and clarity. The public is entitled to...