BPC and Liquid Telecom joint venture declared illegal
Friday, September 08, 2017
At a public hearing held this week at the Parliament buildings, the committee, headed by Ramotswa legislator, Samuel Rantuana, questioned the logic behind the joint venture, which allows Liquid Telecom to be granted the use of BPC’s infrastructure.
This came during the interrogation of Botswana Fibre Networks (BoFiNet) chief executive officer, Mabua Mabua who had mentioned that the state-owned power corporation has entered into a joint venture with the pan-African telecoms group, Liquid Telecom resulting in the formation of a new telecoms network provider called Liquid Telecom Botswana.
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...