Botswana hunts for investors at Indaba
Friday, February 10, 2023 | 420 Views |
Botswana Mining Indaba
The Indaba, one of the world’s largest meetings of the mining industry, kicked off on Monday and ended on Thursday.
Minerals and Energy minister, Lefoko Moagi told BusinessWeek that government’s mission at the Indaba was to remind investors, financiers, and partners alike that Botswana remains the continent’s most suitable address for mineral investment.
That a single private law firm pocketed P6.5 million for just four cases, out of a total P11.1 million paid for 25 matters, reeks of a system that was not merely disorganised but open to abuse.Bayford has taken a welcome first step by telling the Public Accounts Committee the truth. Now he must act decisively to ensure it never happens again and that any money lost to wrongdoing is recovered.The figures are staggering. Whilst ordinary Batswana...