Botswana urged to embrace foreign investment
Friday, February 21, 2014
Motlhale said the country must look at the developed countries that have gone through economic instability and find out how they have solved the problem. “We need to find out what they have done to develop their economy”.
He said the government should look for investment outside Botswana and embrace foreigners who want to invest in Botswana as they have special skills, which can be transferred to citizens. “We should embrace foreigners, especially those with skills because they can help us develop our economy. This is done by developed countries like the United Kingdom and Canada”, said Motlhale.He argued that the government is reluctant to support private companies, especially foreigners.
It has only been a month since the newly elected government, the Umbrella for Democratic Change (UDC), took power, and there are already a lot of changes. Across different ministries, ministers are hard at work. Following heavy rainfall and storms that hit Francistown recently, the Minister of State Presidency, Moeti Mohwasa, made a commitment that government will assist those affected by the heavy rains. Mohwasa, when addressing the media in...