BDC optimistic as investee companies eye gains

The corporation remains optimistic despite past financial challenges, as revamped businesses within its portfolio have begun making positive contributions to revenue through increased sales activity.

According to BDC Head of Corporate Affairs, Boitshwarelo Lebang-Kgetse, recent financial results for the half-year to December 2024, were impacted by one-off items, including losses in the insurance sector as well as initial marketing costs for new and restructured companies, and setbacks from associate entities.