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Botswana Government Forgoes P16 Billion in Mining Revenue by Skipping Equity Stakes
Botswana's government has potentially missed out on P16 billion in mining revenue since 2025 by not acquiring equity stakes in several key operational mines, including Mowana, Karowe, Khoemacau's Zone 5, Minergy's Medie, and Motheo Mines. This decision, confirmed by the Ministry of Minerals and Energy, stems from not exercising an option available under mining legislation during initial license grants, raising questions about the nation's long-term resource monetization strategy.
Botswana Government Forgoes P16 Billion in Potential Mining Revenue for 2025
Botswana's government is projected to miss out on approximately P16 billion in potential revenue from mining operations in 2025 due to not exercising its option to acquire equity stakes in several licensed projects. This occurs despite existing legislation enabling state ownership at the time of license issuance.