BMC Privatisation Welcome, But...
Monday, June 03, 2019
PEEPA chief executive officer, Obakeng Moumakwa revealed that Deloitte Consulting has been selected as the preferred Transaction Advisors for the concession of the Maun Abattoir while Minchin & Kelly are the preferred Consultants for the Privatisation of BMC. We hail the move on the part of government in an effort to liberalise the beef industry. Quite clearly, the BMC privatisation has long been overdue when one considers its past travails.
However, as it stands, many observers fear that the privatisation of the Commission would result in loss of jobs, as new owners will shed off excess labour to improve efficiency and also cut the workforce to prepare for privatisation. There is uncertainty about job losses when BMC is privately owned.
It has only been a month since the newly elected government, the Umbrella for Democratic Change (UDC), took power, and there are already a lot of changes. Across different ministries, ministers are hard at work. Following heavy rainfall and storms that hit Francistown recently, the Minister of State Presidency, Moeti Mohwasa, made a commitment that government will assist those affected by the heavy rains. Mohwasa, when addressing the media in...