Wean off burdensome parastatals
Tuesday, April 15, 2014
What is new in the report is the inordinate extent to which losses have risen and the equally steep subsidies that have been required to plug the hole at these subsidiaries. The BPC, alone, recorded a loss of P1.25 billion during the year under review even with the benefit of an P871 million subsidy. This year, the BPC will receive P1.5 billion in the form of a subsidy, on top of P1.4 billion last year.
While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....