Pasdec pares back losses after tough debut
Friday, June 22, 2018
Pasdec Automotive Technologies Botswana manufactures automotive wiring harnesses for globally leading vehicle brands such as Nissan and Volkswagen. Since commissioning in 2015, however, the company has run at a loss due mainly to high relocation costs, while four strikes, some featuring intimidation and threats, have soured the border town’s joy at wooing an investment away from South Africa.
According to the Malaysian group’s latest financials, the relocation from Brits to Lobatse cost P10.8 million in 2016, declining to P2.3 million last year.
The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...