Mmegi

Mounting debt forces BHC to halt projects

Tough choices: BHC executives say the DOH arrangement is weighing on its books PIC MORERI SEJAKGOMO
Tough choices: BHC executives say the DOH arrangement is weighing on its books PIC MORERI SEJAKGOMO

The Botswana Housing Corporation (BHC) has lifted the lid on growing financial strain within government's housing delivery model, revealing that it has suspended more than P16 million worth of projects after payment delays by its biggest client, the Department of Housing (DOH).

The disclosure, contained in the corporation's 2025 Annual Report, shows a growing frustration from BHC over mounting debt owed by the DOH, with the corporation warning that it is increasingly being forced to finance government-commissioned projects from its books, whilst still being owed by DOH, under a model that seemingly exploits BHC, according to the company executives.

Executives in the annual report stated that given the mounting debt owed by DOH, they had no option but to pull the plug on some ongoing projects until the client foots the outstanding bill.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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