Businesses wilt in the slipstream of BCL�s closure
Friday, October 28, 2016
The issue of BCL's closure is expected to dominate discussions in the STPC PIC: KAGISO ONKATSWITSE
The town has been robbed of the P60 million BCL mine workers were paid every month and spent on the various businesses. The mine itself single-handedly supported the north-eastern town with supply contracts and purchases, over the years.
Workers at the mothballed mine are slowly adjusting to the fact that their jobs are in the wind. Together with them in misery is a large contingent of employees of contractors, who also reported to work as usual on the fateful day only to find the mine out of bounds.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...