Council business move good but...
Tuesday, February 04, 2014
This is a welcome initiative through which councils will be able to unlock the business potential in the district, town and city councils.
Just last week, the Francistown City Council established a company to do business on its behalf. This week it is reported that Gantsi District Council has also decided to set up business operations. Many more will follow suit as we move forward.
High Court Judge, Michael Leburu, said it was a fallacy for the State to say the funds being interest from the funds taken from Seretse and his companies, Khulaco (Pty) Ltd, M & B Properties (Pty) Ltd, belonged to the bank not him to play claim to it.The story presents baffling yet wasteful realities under the previous regime. While litigation by governments is important for upholding the rule of law, ensuring accountability, and fulfilling legal...