Conference To Showcase Botswana Projects In Resources Sector
Monday, March 31, 2008
"Foreign companies recognise that Botswana is a low-risk, stable economic environment, in which to base their operations, with security and transparency in the legal and regulatory framework. Mining is usually a labour-intensive sector and it is extremely important to encourage it in Botswana, where unemployment is a challenge, and where skills transfer is so vitally important," adds Pickering.
Pickering tells Mining Weekly that Botswana has seen increased interest from foreign mining and exploration companies in recent years, which helps the government's stated aim of diversification away from diamonds, the economic mainstay.
“Law and order are the medicine of the body politic and when the body politic gets sick, medicine must be administered.”– B.R. AmbedkarThe amount of money at play threatens to test the integrity of the country’s financial system, giving more reason to why the courts must be fully given leeway to lean on the matter and reach a conclusion.Botswana has spent decades building her reputation as a stable and credible financial jurisdiction.The...