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
When power scorns accountability

While every citizen, including the Head of State, has the right to voice opinions, the tone and context of the President’s comments were regrettably dismissive and risk chilling free expression in our country. The remarks are not isolated. They form part of a disturbing pattern of public attacks on independent institutions pillars essential to the healthy functioning of our democracy. The Judiciary, the Legislature, and now the media have all...

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