Tough new mission for diversification dynamo
Friday, May 08, 2026 | 90 Views |
Capital central: The BDC’s headquarters in Gaborone PIC: MORERI SEJAKGOMO
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.
But on the particularly sensitive question of cadre deployment, the BNF must tread very carefully.The issue deserves robust debate, not ideological enthusiasm. Recent public comments from the BNF leadership are reassuring: the party has said that government positions should be based on merit and competence rather than party membership, and that it does not have a specific cadre-deployment policy.That principle should remain firmly at the centre...