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Moatshe’s future at LEA unclear

Shaky ground: Moatshe has reportedly left LEA PIC: PHATSIMO KAPENG
Shaky ground: Moatshe has reportedly left LEA PIC: PHATSIMO KAPENG

Local Enterprise Authority (LEA) CEO Racious Moatshe’s future at the parastatal is uncertain as reports emerged this week that he has parted ways with the organisation after five years at the helm. BusinessWeek is informed that Moatshe’s contract was not renewed but the reasons behind the decision could not be ascertained.

On Wednesday, the CEO did not offer a comment on the issue, while board chair, Lorato Ntakhwana could not be reached. Trade and Industry minister, Mmusi Kgafela did not respond to calls on Wednesday, while Dumi Lopang, Ntakhwana’s deputy chair at LEA, could also not be reached. Information gathered by BusinessWeek indicates that Moatshe has already left his post and a process is underway to find a replacement.

The CEO joined LEA in 2017 from Business Botswana, tasked with boosting entrepreneurial capacity among Small, Medium and Micro Enterprises (SMME).

Editor's Comment
Ramogapi & Co should clear the Bonno confusion

According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...

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