Gaetsaloe�s grand turnaround plan for BDC

Friday, October 16, 2015

After a three-year loss making streak, the Botswana Development Corporation (BDC) is poised to rebound and register a modest profit for the year-ended June 2015.

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.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

ZCC St.Engenas headquarters in Moria.PIC.PRESIDENCY OF SOUTH AFRICA

St Engenas ZCC ends years of infighting

Mpho Mokwape | 2d ago

Women’s voices fading in politics

Tsaone Basimanebotlhe | 2d ago

BPF struggles with legal debt

TSAONE BASIMANEBOTLHE | 2d ago

BPF seeks internal peace

Tsaone Basimanebotlhe | 2d ago

Motaosane’s staying power

Ryder Gabathuse | 2d ago

Mupane bidders in settlement talks after CoA clash?

Mbongeni Mguni,Oarabile Mosikare | 2d ago

Gov’t accused of interfering in disputed P300m Mogo road tender

Innocent Selatlhwa | 2d ago

Mahalapye Prison’s thriving underground economy

Sharon Mathala | 2d ago

Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

The Monitor Editor | 02 December 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More