Three Investors Show Interest On BCL
Monday, November 07, 2016
Minister of Mineral Resources Green Technology and Energy Security Advocate Sadique Kebonang has confirmed to The Monitor that three potential investors are already in talks with the liquidator directly to discuss the prospects of re-opening the mine. “I cannot say whether they will buy out the whole operation or otherwise because they deal directly with the liquidator and they will at what is available before making an offer,” he said.
Minister Kebonang was not at liberty to disclose the names of potential investors as he said they (potential investors are guaranteed utmost confidentiality. “Even the liquidator would only know them after the vetting process has been concluded,” he said.
While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....