BMC seeks another P300 million bailout

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The Botswana Meat Commission (BMC) might get a lifeline if Parliament approves its request for a capital injection of P300 million to help the cash-strapped organisation stay afloat.

Last week, Parliament’s finance and estimates committee chaired by Ignatius Moswaane, tabled a financial paper requesting for supplementary expenditure for the consolidated and development funds.

The paper is expected to be debated in Parliament next week.

Editor's Comment
CAF is a joke, but...

We are told of massive spin-offs for hosting countries, which we assume was the catalyst behind putting in the bid.We are not too sure if it is a one-size fits all, where any hosting nation reaps the benefits or it’s on a case-by-case basis.There are arguments from both ends, with hosting a sure way to accelerate infrastructure development and a guaranteed cash flow during the 30-days of the tournament.There is a bump in employment creation...

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