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
Parents should be more proactive in children’s lives

Parents need to pay particular attention to their children to ensure they grow up in a healthy environment that supports their development and mental health. Healthy attachments between parents and children foster strong bonds, creating a solid foundation for future leaders.In many African cultures, there is a common perception that parents should use a stick to discipline naughty children. While disciplining children is important, it is equally...

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