​​Milk and Malls: BDC’s unlikely recipe for growth

In a year where Botswana’s growth slowed and diamond revenues dimmed, the Botswana Development Corporation (BDC) also stirred up its own blend of economic revival—one that included dairy farms, shopping centres, and a digital backbone. As per its recently published annual report, the state-owned investment agency reported a bump in income to P579 million, thanks to special dividends and rising interest earnings, but still posted a pre-tax loss of P41 million, driven by impairments and subdued activity in some subsidiaries.

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