BDC reaches for African footprint

DURBAN: The Botswana Development Corporation (BDC) is assessing areas for investment in the region, including in South Africa, as part of its recently launched cross-border investment initiative, Mmegi Business has learnt.

The BDC, one of the few profit-making parastatals, participated in the recently ended Tourism Indaba held in Durban where it held several meetings with potential investment targets. Several senior officials, including acting managing director James Kamyuka added weight to the corporation's efforts to kick-off its efforts towards an African footprint with a possible investment in tourism.

"Our mandate is that we should invest in the region and put money into projects that we believe could generate income for Botswana," BDC spokesperson, Gomolemo Zimona said."We are going around seeing whether there are any projects worthy of participation. Another institution, (South Africa's) Industrial Development Corporation is investing in Botswana and we are also thinking about investing in South Africa".

Editor's Comment
BDP primaries leave a lot to be desired

The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...

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