Bolux expands plant to boost capacity

Bolux Milling operations in Ramotswa
Bolux Milling operations in Ramotswa

The Ramotswa-based milling company, Bolux Group has embarked on a major expansion project following an $8 million (P80 million) investment by American firm, Seaboard.

Bolux recently sold a 49 percent stake to Seaboard in a move aimed at securing investment and capital injection into the company.

Head of corporate affairs at Bolux, Nkosi Mwaba said the company has been operating an old plant since 1984 adding that it needed to be refurbished.

Editor's Comment
Botswana at a critical juncture

While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...

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