Dawn breaks after the storm at BDC

Times have been tough at the Botswana Development Corporation (BDC). In recent years, the corporation hit the headlines for all the wrong reasons, with Parliamentary probes, management shake-ups, disastrous investments and the associated loss of millions of pula.

With its coffers taking a beating and financiers raising the cost of providing support, the BDC’s public image was in tatters, the spectacular failure of the Fengyue Glass Manufacturing project clouding any previous successes the corporation had.