BDC assets reach P5.1bn despite COVID-19

Driving seat: BDCu00e2u20acu2122s new MD, Cross Kgosidiile
Driving seat: BDCu00e2u20acu2122s new MD, Cross Kgosidiile

Botswana Development Corporation (BDC)’s total assets achieved six percent growth to P5.1 billion in the year to June 2020, despite operating in the background of a turbulent COVID-19 trading environment.

According to the Corporation’s recently released financial results, the growth from assets of P4.9 billion recorded in the previous year was mainly due to a rise in the value of investments.

BDC managing director, Cross Kgosidiile said the operating environment had allowed the Corporation to identify opportunities to undertake as part of the new “Beyond 2019” strategic plan.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

Have a Story? Send Us a tip
arrow up