Glass manufacturing is just not viable � BDC boss

New broom: Gaetsaloe
New broom: Gaetsaloe

The Botswana Development Corporation (BDC) has ruled out reviving the collapsed Fengyue Glass plant, as glass manufacturing is not a viable investment option, the new managing director, Bashi Gaetsaloe says.

Appearing before a Parliamentary Committee on Statutory Bodies and State Enterprises yesterday, Gaetsaloe said the glass plant, which is under liquidation, carries too much risk and it was always going to be difficult to turn it into a commercially viable operation.

 He was answering a question from the committee chairperson, Samson Moyo Guma who had wanted to know if BDC, under its new investment strategy, has any plans to reinvest in the project.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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