BDC bounces back to profitability
Wednesday, December 09, 2015
![Gaetsaloe](https://cdn4.premiumread.com/?url=https://www.mmegi.bw/uploads/imported_images/2015/december/09/php6B45.tmp.jpg&w=400&q=72&f=jpg)
Gaetsaloe
Buoyed by increased revenues, reduced expenses as well as a P60 million injection from subsidiary divestments, the government investment arm registered a profit of P110 million before tax, at company level, from a loss of P67 million in the corresponding period.
At group level, which factors in the corporation’s approximately 46 subsidiaries, revenues rose 19 percent to P340 million pushing profit before tax to P247 million from P36 million in 2014.
These roads, which are vital conduits for trade and tourism, have long been in dire need of repair. However, while this development is undoubtedly a positive step, it also raises questions about broader issues of infrastructural management and road safety that deserve closer scrutiny.The A3 and A33 roads are not just any roads, they are critical arteries that connect Botswana to its neighbours and facilitate the movement of goods and people...