SPEDU awaits appointment of permanent board

SELEBI-PHIKWE: The Selebi-Phikwe Economic Diversification Unit (SPEDU) is being run by an interim board four years after it was set up. The Minister of Finance and Development Planning, Kenneth Mathambo appointed the board in 2009 when the unit was still under the ministry.

SPEDU marketing and communications manager, Kenneth Boikhutshwane has explained it is normal that when a government organisation goes private, it is run by an interim board for sometime. He said that it takes time for a permanent board to be appointed. He said a new board is expected to be announced this month.

The interim board comprises of Permanent Secretary in the Ministry of Trade and Industry, Banny Molosiwa (chairperson), BCL Mine general manager, Daniel Mahupela (vice chairperson), Mompati Seleka, Palalani
Moitlhobogi, Boeditswe Masilo, Simon Pule, Johannes Brink, Willeminah Baipidi-Maje and Ontlametse Ward.The transfer of SPEDU to private hands is part of the rationalisation process that the government is undertaking to improve operational efficiencies.

Editor's Comment
Diamond deal demands transparency

Instead, it has sparked a storm of accusations, denials, and unresolved questions about the influence of De Beers on the nation’s politics. Former president Mokgweetsi Masisi’s claims that the diamond giants bankrolled his removal to dodge taxes – and that the new Umbrella for Democratic Change (UDC) government watered down a favourable diamond deal – are explosive matters. But without evidence, they risk becoming a toxic distraction from...

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