Showdown looms over Golden Grand Prix

A showdown is looming between the government and the organisers of the inaugural Botswana Golden Prix as an ownership wrangle ensues, MmegiSport has learnt.
A showdown is looming between the government and the organisers of the inaugural Botswana Golden Prix as an ownership wrangle ensues, MmegiSport has learnt.

A showdown is looming between the government and the organisers of the inaugural Botswana Golden Prix as an ownership wrangle ensues, MmegiSport has learnt.

The brainchild behind the event, Glody Dube, is reportedly preparing to pursue the legal route as it has emerged that the government is on the verge of assuming full control of the project.

"World Athletics reportedly wants to rope in an American company in conjunction with the government to take over the organisation of the event, which is scheduled for April 14. This has riled Dube and the committee that has fought so hard over the years putting together the event from its infancy as the Gaborone International Meet, up to its present status where it attracts global superstars," a source told MmegiSport. Dube of Golden Door Sports Agency is scheduled to address a press conference tomorrow (Wednesday), where he is expected to announce the future of the event.

Editor's Comment
Borrowers need room to breathe

“Every time you borrow money, you are robbing from your future self”-Nathan.W.MorrisBank of Botswana’s latest supervision report shows loans placed on a watch list for potential repayment problems rising to P5.5 billion. These loans have not necessarily defaulted, which means there is still an opportunity to address the weaknesses. Meanwhile, loans already in arrears have reached P5.2 billion. For households, this pressure can mean...

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