Morupule B aftertaste sours China�s new push into African energy (Pt II)
Friday, August 25, 2017
Morupule B is only now coming out of its dysfunction
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.
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...