BPC�s Lesedi project liquidated

Botswana Power Corporation (BPC) has liquidated its renewable energy subsidiary, BPC Lesedi, and re-called the franchising business model for review after it failed to generate profits and sustain itself.

In an interview with BusinessWeek, the BPC Director Customs Services and Supplies, Gordon Molefe said they are currently re-vamping the whole of the BPC Lesedi, after realising that the model was not effective.

“We revised the model to devise a more sustainable one which will still be focusing on renewable energy. We realised that the cost of implementation was very high while the returns were low.” he said

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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