BDC doubles profits to P224m

Gaetsaloe PIC: KATLEGO MOTSAMAI
Gaetsaloe PIC: KATLEGO MOTSAMAI

The Botswana Development Corporation (BDC) said it doubled its profit before tax (PBT) for the year ended June 2016 after embarking on a transformation journey two years ago.

The corporation, which is the government’s investment arm, posted overall PBT of P224 million in the year to June, which is a 104% increase from P110 million a year earlier.

BDC’s drive to increase its profile saw it instituting a major review of the business under the re-modelling programme in order to address major challenges facing the business.

Editor's Comment
Mabogo dinku a thebana

According to both the acting director of Veterinary Services, Kobedi Segale and acting Lands and Agriculture minister, Edwin Dikoloti, the virus currently raging through the North-East mostly likely first entered the country during the festive season.From the “unprecedented” number of cases picked in testing last week, it is likely that cattle and other livestock could have been infected last year, without being reported.Animal health...

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