Gaetsaloe�s grand turnaround plan for BDC
Friday, October 16, 2015
Gaetsaloe
In the eyes of its youthful looking new managing director, Bashi Gaetsaloe, the expected return to profitability is evidence of the first fruits of an ambitious turnaround plan which targets doubling the corporation’s P3.6 billion balance sheet in five years.
When he took over the reigns at the government investment arm last year, BDC was a troubled entity weighed down by some subsidiaries that perennially bled losses.
‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet†have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...