The pain in parastatals
Friday, November 25, 2016
Botswana Power Corporation (BPC)
The BPC’s well-chronicled troubles stem from the failure of Morupule B to fully function, which in turn has resulted in huge operational losses as a result of increasingly expensive imports and non-cost reflective tariffs. The BPC also suffers from operational inefficiencies, including system losses and poor recoveries. The latest round of job losses is focussed at Morupule B where a decision to divest has been taken.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...