Will Tsodilo Resources save Ngamiland?
Friday, April 04, 2014
Tsodilo Kimberlites
There are known and established copper/nickel and silver mines in the south of Ngamiland en route to Ghanzi which are being developed by Discovery Metals (Boseto). The deposits held by Cupric Canyon, a private equity firm with close connections to Barclays Bank, through its Natural Resource Investment are also significant.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...