BMC sees light at end of the tunnel
Friday, September 04, 2015
In turmoil: BMC says it needs P 600m complete turnaround
With the parastatal having been at, or near the bottom, in the past three years, there are already signs that the turnaround strategy is starting to deliver results.
By the end of 2014, BMC recorded revenue of P1.16 billion from 144,000 cattle that were slaughtered.
According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...