CEDA suspends loan repayments for BCL contractors
Tuesday, November 29, 2016
Speaking at last week’s commemoration of the Africa Industrialisation Day and Business Forum, CEDA chief executive officer, Thabo Thamane said the temporary suspension is going to put pressure on the agency’s balance sheet but it was a viable decision to make in light of the situation. Thamane, however said the decision does not stop the suppliers from continuing to pay from other alternative sources of funds.
The provisional liquidation is expected to last until February 2017 when the liquidators produce a report with recommendations on the way forward.
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...