BMC in the red
Thursday, April 09, 2015
The acting minister of Agriculture, Patrick Ralotsia, however, told Parliament this week that the commission is not insolvent, only facing cash follow challenges. Last year the National Assembly approved that the government guarantee P300 million short-term facility from Standard Chartered Bank. As a result, BMC pays a substantial P86 million as financial costs.
Answering a question from Ghanzi North MP Noah Salakae, the acting minister said these losses had put immense pressure on the cash flow management of the organisation to the extent that a proposed scheme to improve the operations of the commission could not be implemented.
The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...