BTC losses P29million to cable theft
Tuesday, December 27, 2022 | 1720 Views |
BTC head office building
According to the group' s financial results for the six months ending 30 September 2022, the financial perfomance for the period was depressed by an escalation in replacement costs for stolen copper from their network.
BTC Managing Director, Anthony Masunga, said they have since intensified efforts and increased its capital budget towards building alternative technologies to replace the copper network investments.
When claims of such gravity are made, especially by a sitting Assistant Minister they cannot be brushed aside, delayed, or treated as routine political noise. Even the Ombudsman has confirmed receipt of a report from a political party and a review of these complaints is now underway. That is a necessary first step. But it is only the beginning. The seriousness of the allegations demands urgency, transparency and clarity. The public is entitled to...