BB calls for Fund to diversify mining towns

SELEBI-PHIKWE: Business Botswana has made a call for government to create a Fund that will finance diversification of economies of mining towns.

Vice president, Palalani Moitlhobogi said at a Pitso held recently that the seed funding should be made up of mine closure plan funds and that pension funds should be incentivised to invest.

He explained that the specialised Fund that would focus on the economic stabilisation and diversification of mining towns is premised on the fact that mining is a finite activity and therefore at some stage operations would stop.

Editor's Comment
FMD crisis: We must fight as one

That should concern every Motswana. The implications extend far beyond cattle and farmers. Botswana’s beef industry is a critical pillar of the economy, supporting thousands of households and sustaining businesses along the value chain.The loss of access to lucrative export markets has already demonstrated how quickly an animal-health crisis can become an economic crisis.This is, therefore, not the time for complacency, blame, or political...

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