Creative industry gets P42m funding

Marieta Magashula PIC: MORERI SEJAKGOMO
Marieta Magashula PIC: MORERI SEJAKGOMO

The Companies and Intellectual Property Authority (CIPA) has reserved P42 million towards the development of capacity, quality and diversity of the creative industries under the Technical Devices Fund.

The fund is financed by a levy on all locally manufactured or imported devices that are capable of copying or reproducing creative works such as photocopiers, scanners, cameras, blank tapes, as well as smart phones.

The Botswana Unified Revenue Service (BURS) collects the levy.

Editor's Comment
Watch your tongue Mr President

While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...

Have a Story? Send Us a tip
arrow up