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
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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