Tough new mission for diversification dynamo

Friday, May 08, 2026 | 90 Views |

Capital central: The BDC’s headquarters in Gaborone PIC: MORERI SEJAKGOMO

The agency that decades ago powered the growth of household names such as KBL, Air Botswana and the titans of insurance, healthcare, hospitality and others, has a new assignment. The BDC’s diversification strengths are being called upon for the P500bn BETP. MBONGENI MGUNI writes

Recently, the Botswana Development Corporation (BDC) revealed that its asset book of about P6 billion is yielding about P50 million in predictable cash, or a conversion rate of under one percent.

Essentially, the Corporation’s assets are underperforming, or not yielding returns that can match the level of investment and risk taken.

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Tough new mission for diversification dynamo

The agency that decades ago powered the growth of household names such as KBL, Air Botswana and the titans of insurance, healthcare, hospitality and others, has a new assignment. The BDC’s diversification strengths are being called upon for the P500bn BETP. MBONGENI MGUNI writes

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