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Debswana Excludes Eight for Fronting | Botswana News
Debswana just expelled eight companies from its supplier list after uncovering rampant fronting—fake local businesses masquerading as genuine SMEs—undermining its $20 billion Citizen Economic Empowerment Programme designed to create 20,000 jobs by 2024. With whispers suggesting up to 90% of participants were involved, external auditors confirmed the fraud, forcing tough accountability measures. Though the program exceeded its funding targets and aimed to uplift local economies, this purge signals a critical pivot toward stricter oversight to ensure real beneficiaries—not shell…
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