BITC boss grilled over credit card abuse
Friday, November 18, 2016
The committee heard that the chief executive and other managers have been furnished with credit cards that they have been using for the past two years in their numerous business trips abroad, while they get travelling allowances at the same time.
Committee chairman, Samson Moyo Guma enquired from Sejoe why he did not question this arrangement as it was tantamount to fraud.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...