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A P21bn sabotage: Fronting floods Debswana CEEP

Friday, October 11, 2024 | 2880 Views |

Debswana’s CEEP was established in 2019 PIC: MORERI SEJAKGOMO

About 90% of service providers for Debswana’s P21 billion Citizen Economic Empower Programme (CEEP) are fronting for foreigners, it has been revealed. Investigations indicate that salaries and bills for some of the rogue companies are being paid from South Africa.

Allegations of fraudulent practices are rocking the mining giant’s mammoth citizen procurement initiative, which is also the country’s biggest citizen empowerment drive led by the private sector.

Information shared this week indicates that contractors who have been enjoying Debswana’s P21 billion citizen purse, appear to have been decoys and Trojan horses for private companies outside the country, who cannot get their hands into the Debswana pot due to foreign ownership.

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A P21bn sabotage: Fronting floods Debswana CEEP

About 90% of service providers for Debswana’s P21 billion Citizen Economic Empower Programme (CEEP) are fronting for foreigners, it has been revealed. Investigations indicate that salaries and bills for some of the rogue companies are being paid from South Africa.

Selefu

BNF opens doors to returnees

BCP rises strongly, BDP falls as UDC wins

Sowa Town council raises P1.5 million as financial pressures mount

Police crackdown on bars, other businesses sparks backlash

From debate to digital warfare: Botswana’s crisis of democratic discourse

BTC reaches seven-year high on BSE

Discovering serenity: A Journey to Manong Game Lodge

Human rights are sacred