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| Business Week
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Strong Pula inhibits FDI inflow - Hudson
The strength of the Pula is said be eating away government’s efforts to attract foreign direct investment (FDI). Speaking at a business breakfast organised by the American Business Council (ABC) in Botswana, last week, Banking Adjudicator, Dr Derek Hudson blamed the swelling strength of the Pula for eroding the country’s competitive image.Belgium diamond Firm Turning to Botswana for Expansion
In what is increasingly becoming the centre of attention in the diamond industry, Botswana has attracted another Antwerp diamond firm, The Star Diamond Group, which has announced a strategic partnership with Diamond Manufacturing Botswana (DMB), and the establishment of the first diamond polishing plant in Botswana. Altech spreads its wings into Botswana
SOUTH Africa’s Allied Technologies (Altech) is set to expand its footprint on the continent when it acquires a 14 percent stake in Botswana’s leading mobile phone provider, Mascom Wireless.Zimbabwe tobacco sales fall
HARARE: Zimbabwe’s tobacco auctions close today on the backdrop of a 35 percent fall in foreign currency earnings and crop sales but industry officials expect farmers to lift output in the coming season.
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