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MTI steps up parastatal rationalisation

Tuesday, September 27, 2022 | 200 Views |

The Ministry of Trade and Industry (MTI) is stepping up rationalisation of certain parastatals under its portfolio with an independent consultant due to be engaged.

This follows President Mokgweetsi Masisi's March directive to rationalise state-owned enterprises and parastatals.

According to the directive, the Trade and Industry ministry has been directed to restructure the Botswana Development Corporation on non-agricultural sectors based on the approved lending threshold within three months and move it to the National Development Bank within those three months.

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