Gvt weighs Khoemacau 15% stake option

Johonnes Tsimako of Khoemocau Copper Mining
Johonnes Tsimako of Khoemocau Copper Mining

Government has engaged an international consulting firm to evaluate if the state should exercise its right to take up a 15 percent stake in budding mining house, Khoemacau Copper Mining.

The mining company, which bought off Boseto Mine from Discovery Metals this year, is building a 50,000 tonnes a year copper mine near Somelo, in the northwest.

Khoemacau regional manager, Johannes Tsimako told BusinessWeek that the government has not yet advised on whether it would take up the stake as it was still awaiting recommendation from the consultancy firm.

Editor's Comment
Inspect the voters' roll!

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...

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