Govt buys out Norilsk in BCL Mine

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Government is buying out BCL Mine minority shareholder, Norilsk Nickel of Russia, in a restructuring exercise that includes a P2.3 billion equity injection into the mine that forms the economic nucleus of Selebi-Phikwe.


Currently, Norilsk owns a six percent stake in BCL, with the remaining 94% belonging to the government.

Editor's Comment
We should care more for our infrastructure, road safety

These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...

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