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
Watch your tongue Mr President

While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...

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