BTC privatisation reaches midpoint

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The second of three critical stages of the privatisation of the Botswana Telecommunications Corporation (BTC), the registration of a state company to manage the telecommunications backbone currently held by the utility, is nearing completion.

Transport and Communications Minister, Nonofo Molefhi on Wednesday toldΠjournalists that Cabinet has identified the telecommunications infrastructure that the company, a Special Purpose Vehicle (SPV), will control.

As registration of the SPV continues, Molefhi also revealed that the BTC would initially bankroll the infrastructure company until such a time it could be weaned off and become self-liquidating.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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