MPs freeze BDC�s P1bn spending spree

Marole
Marole

A Parliamentary committee on Wednesday slammed the brakes on Botswana Development Corporation’s (BDC) fast-tracked plans to secure P1.075 billion in government guarantees for investments in several local entities.

The Parliamentary Committee on Statutory Bodies chaired by Samson Moyo Guma spoilt the moods of BDC managing director, Bashi Gaetsaloe and board chairperson, Blackie Marole, with legislators accusing them of being “dishonest” and “economic with the truth”.

This was after the duo appeared to issue contradicting statements when appearing before the committee members Setlhomo Lelatisitswe, Pius Mokgware, Kefentse Mzwinila and Phenyo Butale whom they had to convince that the guarantees were going towards sound investments.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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