BOPEU recovers P381,000 from Motsamai's former head of finance
Friday, August 17, 2018
According to BOPEU’s claim, Leoketsa, Motsamai’s right hand man who quit their employ the same week the latter was fired from Babereki Investments, had not been servicing the car loan since he resigned from the organisation.
The car was registered under Leoketsa’s wife, and on Tuesday BOPEU’s efforts to pursue the debt bore fruit as Leoketsa told the Court he was ready to work out an out of court settlement with his former employers regarding the payment plan.
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...