BHC taps P2bn bond to fund developments
Friday, July 22, 2022 | 700 Views |
Thinking big: Sefawe says the funds are required for
large-scale building programmes
The corporation plans to construct 336 units at Block 7 flats, 100 units in Maun, 212 units in Kazungula, 13 units in Phakalane, 84 units in Letlhakane, 96 in government camp in Francistown, and 30 units in Nata.
Presenting the company’s financial results for the year ended March 31 last week, BHC acting CEO, Pascaline Sefawe, said the latest round of fundraising will be done in the fourth quarter of the year.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...