Morupule B sale deal hits the rocks

Morupule B PIC: KEOAGILE BONANG
Morupule B PIC: KEOAGILE BONANG

The deal to sell Morupule B was this week clouded in uncertainty after the Ministry of Mineral Resources, Green Technology and Energy Security appeared to dump the Chinese firm it has been negotiating with.

Government, as the sole shareholder in the Botswana Power Corporation, had been leading talks with China Machinery Engineering Corporation (CMEC), a state-owned company and related entity to China National Electrical Engineering Corporation (CNEEC), which built the 600MW power station.

Information reaching Mmegi indicates that talks broke down largely due to differences over the offer submitted by the Chinese for the power station. The two parties had already clashed over terms of the deal where government wanted the Chinese to commit to using non-Chinese material for the remedial works at the power station.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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