FDC cracks down on debtors to rebuild financial stability

QWAQWA – The Free State Development Corporation (FDC) has intensified its debt collection campaign in a determined effort to restore its financial health, reclaim its role as a key driver of provincial economic growth, and rebuild public confidence.

In an exclusive interview with The Guard, acting Chief Executive Officer Dr Mbulelo Nokwequ said the initiative, launched in the previous financial year, rests on three pillars: stabilizing the FDC’s finances, repositioning the entity as a development catalyst, and restoring stakeholder trust.

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