FDI key to economic diversification �Anglo CEO

MAUN: Chief Executive Officer of Anglo American, Mark Cutifani, says Botswana must employ a robust approach in its quest to attract foreign direct investment and continue to diversify the economy.

He stated this in his keynote address during the Botswana Confederation of Commerce, Industry and Manpower (BOCCIM) National Business conference, held every two years.

Cutifani said Botswana needed three key ingredients to drive its growth, which include building of its natural resources, strong institutions and sound policy frameworks. He further said Botswana was fortunate to have natural resources, which had benefited the country’s development.  “As you know, mineral resources are like any other natural resource, you can either use them well, or squander your endowment through short sighted and inadequate policy frame works and approaches” he said.

Editor's Comment
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