Hunt for Francistown Investment Company CEO hits a blank
Chakalisa Dube | Wednesday March 2, 2016 14:36
The FCC mid-last year advertised the post of CEO as it looked for someone who will be tasked with the coordination of ‘Vision 2022’ through the Francistown Investment Company (FIC). The FIC is owned by the FCC. Late last year, the FCC said it was vetting applications to identify the CEO who was by then hoped would begin work in the first half of 2016.
“The exercise to employ the CEO has not been successful and there is need for re-advertisement of the post,” said city mayor Sylvia Muzila yesterday, when giving an update to an ordinary full council meeting. Muzila said those who had applied did not meet the required criteria for the position. FIC was registered nearly some two years back as Moiplek Investment before changing its name to the former last year. The main job of the CEO would be to come up with strategies that could help revolutionise the economy of Francistown, which is the core of the much publicised ‘Vision 2022’.
Meanwhile, as part of the ‘Vision 2022’ the mayor indicated that five councillors will tour the City of Tshwane in South Africa early next week to benchmark on a model used by the latter to boost economic growth.
She said from Tshwane, the FCC intends to adopt a model that will be applied particularly in the development of a Central Business District (CBD) at a golf course plot owned by the FCC.
The golf course is situated next to Nyangabgwe Referral Hospital (NRH).
“As a council, we have agreed that the benchmarking exercise should also come with concepts of the Public Private Partnership (PPP) approach to be used in the development of the CBD. This is because there is no budget set aside for the development of this area,” the mayor said.
The layout designs for the CBD are at a preparatory stage, according to Muzila.
In addition, the mayor indicated that the FCC is waiting for government to fund the servicing of land at the Gerald Estates where the former intends to construct a new state of the art CBD as part of the Vision 2022. The layout designs for the proposed Gerald Estates CBD were completed sometimes last year.