Troubled BPC readies for dawn of new era
Friday, November 04, 2016
Hopes of a reversal in fortunes are embedded in the corporation’s five-year game plan dubbed Masa 2020 Transformation Strategy that was initiated with the intent to turnaround the status of the corporation and make it profitable and efficient by 2020.
Masa is a Setswana word that means dawn, and it is the tagline that management is pinning its hopes on for the corporation’s rebirth.
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...