Mupane swings to profit on strong gold prices
Friday, November 27, 2020
Gold, seen as a safe haven investment in turbulent times, has risen by more than 30% this year, as investors seek it out to secure value and also buffer themselves for the expected rise in inflation later, when the trillions of dollars being pumped in coronavirus (COVID-19) responses by countries push prices up.
According to statements released this week, for the nine months of the year up to September 30, Galane Gold’s pre-tax profits were pegged at $457,000 (P5 million) up from a loss of $1.6 million (P17.6 million) for the corresponding period last year.
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...