More parastatals tied to performance contracts

Botswana Fibre Networks director Ratsela Moketsi (left) and Minister of Transport Nonofo Molefhi at the shareholder compact singing ceremony PIC: TSELE TSEBETSAME
Botswana Fibre Networks director Ratsela Moketsi (left) and Minister of Transport Nonofo Molefhi at the shareholder compact singing ceremony PIC: TSELE TSEBETSAME

The Ministry of Transport and Communications (MTC) yesterday signed shareholder performance agreements with four more parastatals.

This is in  line with government efforts to overhaul loss making state enterprises, which gobble billions of Pula annually in subventions from the national coffer.

The compact is aimed at aligning performance expectations of the parastatals, which included Botswana Fiber Network (BoFiNet), Botswana Railways, Botswana Telecommunications Limited and Civil Aviation Authority of Botswana (CAAB), for effective monitoring. In July this year, MTC signed similar agreements with two other ministry parastatals, BOCRA and BotswanaPost.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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