CEDA in dicey impasse with VPB
Friday, October 09, 2015
At the centre of the standoff are differing opinions between the parties over how to value some of the investments that VPB had made on behalf of the agency under the CEDA Venture Capital Fund (CVCF).
Under a 10-year deal, VPB was in 2003 tasked to manage the P200 million fund and invest in different economic sectors through either debt or equity. Appearing before a Parliamentary Committee on Statutory Bodies and State Enterprises yesterday, CEDA CEO Thabo Thamane said they are currently finalising an audit, which will inform them on whether to take the deadlock to arbitration or not.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...