US investors exit Milk Afric project

The Botswana Development Corporation (BDC) has parted ways with US investors who had acquired a 26% equity stake in the Milk Afric project

Last year, BDC took full control of Milk Afric, paying zero thebe for the transaction but assuming the obligations of the troubled Lobatse dairy project.

To date, the corporation has spent P48 million on the project, which has carried the costs of roads, boreholes, electricity connections, rotary, fencing and working capital.

Editor's Comment
No job offer is worth risking becoming traffickers’ prey

“Desperate people do desperate things”– Michael BrooksHowever, this desperate pursuit of employment comes with its own negative outcomes. Therefore, Batswana must guard against becoming easy targets for human traffickers, labour exploiters and other transnational criminal networks that prey on vulnerable job seekers.Numbers don’t lie. The recent revelation by the Botswana Police Service that 22 Batswana have been reported missing after...

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