BPC posts P114m �artificial� profit
Friday, December 05, 2014
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BPC posts P114m u2018artificialu2019 profit
The bailout was needed to plug the gap between the cost at which the utility sources electricity and the price at which it sells it.
During the period, the BPC was incurring an average loss of 49 thebe per unit of power sold, up from 28 thebe in 2011.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...