Govt yet to inject funds into Tokafala
Tuesday, February 24, 2015

Mong'gae (right) with the 13 Tokafala beneficiaries
Contrary to Trade and Industry minister, Vincent Seretse’s claims in Parliament last week that government had pumped P63 million into the programme and created 585 jobs, Mong’gae said government is yet to fulfill its funding obligation under the agreement. “Government as a partner in this programme has not contributed anything yet as the signing of the shareholder agreement was delayed, but we expect it to be done by the end of this financial quarter,” he said.
Tokafala is a partnership between the Botswana government, Anglo American, De Beers and Debswana, aimed at promoting economic development and employment creation through Small Macro Medium Enterprises (SMME) support.
This ruling is more than a technical legal decision it is a mirror reflecting the rot in the country’s procurement processes and governance.For far too long, government officials have twisted regulations to serve their interests, betraying the very citizens they are sworn to serve.The Judiciary’s rejection of this appeal is a timely reminder that corruption—no matter how deeply entrenched cannot indefinitely escape accountability. Yet,...