Breaking News

BDC not involved in hotel

10 Jul 2016

Assistant Minister of Investment, Trade and Industry, Advocate Sadique Kebonang says Botswana Development Corporation (BDC) is not involved in the development of a hotel in Phakalane.

He said Phakalane Estates approached BDC for investment but it declined, and that Phakalane Estates then developed the hotel on its own.

Advocate Kebonang noted that Phakalane Estates and BDC have had other business relations before.

He was answering a question from the Member of Parliament for Gabane-Mmankgodi, Major General Pius Mokgware who had asked the minister to brief the house on the contract between BDC and Phakalane Estates relating to a hotel development in Phakalane. ENDS

Source : BOPA

Author : BOPA

Location : GABORONE

Event : Parliament

Date : 10 Jul 2016