BITC surpasses FDI attraction target

Sejoe
Sejoe

Botswana Investment and Trade Centre (BITC) says it has raised total investment of almost P3.2 billion against a target of P1.16 billion, in the year up to March 2015.

According to the investment agency’s 2014/15 annual report, foreign direct investment (FDI) companies raised P1.5 billion with business expansions contributing P1.4 billion and domestic investment valued at P238.4 million during the financial year.

Total capital investment was realised in several sectors including manufacturing, business and financial services, retail, automotive component manufacturing, agriculture, mining, engineering and construction.

Editor's Comment
Masisi should avoid diplomatic tensions

Mokgweetsi Masisi’s recent spats regarding the supposed involvement of Eswatini and South Africa in accommodating former president Ian Khama have sparked concerns about the potential ramifications on diplomatic relations. While transparency is valued, it must be accompanied by strategic communication to mitigate unintended consequences.President Masisi’s comments during a diplomatic heads meeting have drawn attention to the delicate balance...

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