BDC assets reach P5.1bn despite COVID-19

Friday, January 15, 2021

Driving seat: BDCu00e2u20acu2122s new MD, Cross Kgosidiile

Botswana Development Corporation (BDC)’s total assets achieved six percent growth to P5.1 billion in the year to June 2020, despite operating in the background of a turbulent COVID-19 trading environment.

According to the Corporation’s recently released financial results, the growth from assets of P4.9 billion recorded in the previous year was mainly due to a rise in the value of investments.

BDC managing director, Cross Kgosidiile said the operating environment had allowed the Corporation to identify opportunities to undertake as part of the new “Beyond 2019” strategic plan.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Explore your decoder anew: Celebrate Africa Month with DStv’s exceptional

Staff Writer | 7 h ago

Rollers' silverware hopes suffer huge dent

Larona Makhaiza | 8 h ago

Hawks claim another Premier League side's scalp

Larona Makhaiza | 8 h ago

National team athletes shine at Gabs Open Championships

Calistus Kolantsho | 8 h ago

History-making relay team bags P540,000

Calistus Kolantsho | 13 h ago

Gov’t must rectify recognition of Khama as Kgosi

While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....

Mmegi Editor | 03 May 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More