Botswana can be regional financial hub � IMF

The IMF believes Botswana's financial system has the potential to  become a regional centre
The IMF believes Botswana's financial system has the potential to become a regional centre

Botswana’s financial sector is sound and stable and has the potential to be developed into a regional financial hub that can facilitate foreign direct investments, the International Monetary Fund (IMF) reckons.

In a country report released this week, the IMF said developing a regional financial hub can contribute to private sector development as it could adapt its services, regulation, and infrastructure to make investment by foreign investors easier and allow them to hedge risks.

The Bretton Woods institution believes this would enable capital to be efficiently channeled into investment projects.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

Have a Story? Send Us a tip
arrow up