BITC braces for coronavirus

Coronavirus impacting on inflows PIC. MORERI SEJAKGOMO
Coronavirus impacting on inflows PIC. MORERI SEJAKGOMO

The Botswana Investment Trade Centre (BITC), the country’s lead agency for attracting investments and promoting exports, is bracing for impact as the coronavirus sweeps the globe.

Each year, the BITC holds various initiatives to attract investors and promote exports, including a packed diary of inward and outward missions designed to bring investors and local partners together. The BITC also participates in world-level marketing events to promote opportunities in Botswana and expose local businesses to opportunities on the global stage.

In the year ended March 2019, the BITC attracted foreign investment worth P3.2 billion against a target of P1.8 billion, while domestic exports reached P2.6 billion against a target of P2.7 billion. However, with an 18-country travel ban announced last March and various other restrictions placed on regional movements in order to curb the coronavirus, the BITC says it is keeping a close eye on developments.

Editor's Comment
Gov’t must rectify recognition of Khama as Kgosi

While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....

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