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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
Get back what was stolen, and lock the door

That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...

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