Batswana could get 35% share in BMC privatization

Beef at BMC
Beef at BMC

The privatisation of the Botswana Meat Commission (BMC) could see the reservation of up to 35% in shares for citizens.

The Public Enterprises Evaluation and Privatisation Agency (PEEPA), which is leading the process, is expected to make the recommendation to government when options for the final structure for privatisation are unveiled at the end of August.

“The intention of government has been that for every privatisation, Batswana must have a share,” PEEPA CEO, Ezekiel Moumakwa told Mmegi.

Editor's Comment
Shame on BotswanaPost, like-minded employers

Just recently, the Manual Workers Union successfully interdicted BotswanaPost from implementing new terms and conditions of employment for its members without the union’s knowledge.The union then took the BotswanaPost to court seeking to stop the postal parastatal from implementing terms and conditions of the workers who fall under their membership without being involved on their behalf.In his ruling, Justice Isaac Bahuma of the Gaborone...

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