BMC in the red
Thursday, April 09, 2015
The acting minister of Agriculture, Patrick Ralotsia, however, told Parliament this week that the commission is not insolvent, only facing cash follow challenges. Last year the National Assembly approved that the government guarantee P300 million short-term facility from Standard Chartered Bank. As a result, BMC pays a substantial P86 million as financial costs.
Answering a question from Ghanzi North MP Noah Salakae, the acting minister said these losses had put immense pressure on the cash flow management of the organisation to the extent that a proposed scheme to improve the operations of the commission could not be implemented.
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...