The bright star that turned BCL�s wine into water

BCL Mine has become a shadow of its former self PIC: KAGISO ONKATSWITSE
BCL Mine has become a shadow of its former self PIC: KAGISO ONKATSWITSE

Assuming office in September 2011, Dan Mahupela made it his priority to keep BCL mine alive beyond its short lifespan, through an ambitious multi-million pula diversification and expansion initiative. What was meant to be his legacy, however, turned into the mine’s epitaph, notes Staff Writer, MBONGENI MGUNI

From his first day in office, Mahupela stepped into big shoes. From 2003 to 2010, his predecessor, Montwedi ‘Monty’ Mphathi had heroically steered the ship away from the rocks, keeping BCL afloat through turbulent periods that included the global financial recession.

Mphathi’s strategy of saving cash reserves during boom years, and cutting costs while raising production during bust years, had left a healthy treasure chest of approximately P3.6 billion in BCL mine’s bank books when Mahupela arrived on the scene.

Editor's Comment
Don't let FMD outbreak drag on

Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...

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