Saleshando Warns Boko Against Over‑Promising Amid Low Diamond Sales скачать в хорошем качестве

Saleshando Warns Boko Against Over‑Promising Amid Low Diamond Sales

MP Dumelang Saleshando asked the Minister of Finance about Botswana’s parastatals’ profitability. The Minister said Botswana has 63 parastatals, 16 of which are commercial, but only five have been profitable for three consecutive years: Botswana Housing Corporation (BHC), Botswana Vaccine Institute (BVI), Botswana Fibre Network (BOFiNET), Botswana Savings Bank (BSB) and Mineral Development Company Botswana (MDCB). Botswana Oil Limited (BOL) and National Development Bank (NDB) have returned to profit after losses, but others like Botswana Agricultural Marketing Board (BAMB), Botswana Post, Okavango Diamond Company (ODC), Botswana Power Corporation (BPC), Botswana Meat Commission (BMC), Water Utilities Corporation (WUC) and Botswana Development Corporation (BDC) face fiscal strain. Botswana Railways (BR) and Air Botswana (AB) have posted losses for five years, prompting planned reforms, including BR’s unbundling and seeking an equity partner for AB. Government expects some entities, like BAMB and BMC, to recover through commercialisation, joint ventures and private investment. WUC and BPC are set for tariff adjustments, debt restructuring and infrastructure upgrades. Overall, governance reforms aim to improve financial sustainability, efficiency, and attract private sector participation in struggling State-Owned Enterprises. #africa #botswana #newvideo #botswanaspeaks #newgovernmentjob #news #newgovtjobs #newstoday #newsupdate #newsupdates #world #worldwide #africanews #african #southafrica #namibia #africandiaspora #botswanadiaspora #embassyofindia #botswanayoutuber #bpd #udc #subscribe #subscribemychannel #subscribers #subscribers #subscribenow