Phikwe miners SACCOS accounts frozen

Miners FILE PIC
Miners FILE PIC

SELEBI-PHIKWE: Selebi-Phikwe Miners Savings and Credit Cooperative Society’s bank accounts have been frozen and loans suspended with immediate effect while extensive investigation is ongoing to determine if there has been any misuse of resources particularly on expenditure.

SPM SACCOS has been facing operational challenges following the BCL and Tati Nickel Mines closure in 2016 and had membership drop from 2,280 to the current 694, thus seriously affecting its cash-flows that threatens its survival.

In a bid to save and maintain the Society, the Department of Cooperative Development conducted two consecutive audits for 2016 and 2017 and a subsequent inspection for the period up to August this year.

Editor's Comment
Dear gov't, doctors: Ntwakgolo ke ya molomo

With both sides entrenched in legal battles and public spats, the risk to public health, trust in institutions, and the welfare of doctors grows by the day. It's time for cooler heads to prevail. The government and BDU must return to the negotiating table, not with threats, but with a shared commitment to resolve this crisis fairly and urgently.At the heart of this dispute lies a simple truth: doctors aren't just employees but guardians...

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