Morupule B aftertaste sours China�s new push into African energy (Pt II)

Morupule B is only now coming out of its dysfunction
Morupule B is only now coming out of its dysfunction

Chinese firms are fast moving from competing for construction and maintenance projects in the African energy space, to increasingly holding equity and being producers on the continent. However, the failures at Morupule B are a warning that when the best laid plans go up in smoke, it is ordinary citizens who must pay the price. MBONGENI MGUNI and BABOKI KAYAWE* investigate the evolving trend in a relationship tainted in the past by under-delivery

Continued from last week…

The path of Sino-African engagement going forward that McKinsey researchers suggest, opens the door to more Chinese firms taking up equity in sectors such as infrastructure, construction and others. McKinsey researchers say the adoption of Public Private Partnerships should be the new direction of Sino-African economic engagement.

Editor's Comment
Get back what was stolen, and lock the door

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...

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