BCL in bailout negotiations with external suitors

BCL miners
BCL miners

SELEBI-PHIKWE: The Managing Director of BCL Mine, Dan Mahupela said that government has mandated them to seek funding from external resources.

Speaking during a presentation by BCL Mine at the council session on Wednesday, Mahupela said that the mine, currently facing cashflow problems, has been advised by the shareholder to seek funding in order to keep it sustainable.

He said that the mine is in negotiations with five possible sponsors in Hong Kong, Dubai, New York, Johannesburg and Gaborone.

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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