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
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It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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