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Dubai Expo yields desired results

Trunklinah Gabonthone at BITC Dubai Expo 2020Business Brief
Trunklinah Gabonthone at BITC Dubai Expo 2020Business Brief

Botswana’s participation at the Dubai Expo 2020 is already yielding desired results as two investors are setting up in Botswana while one has already started operating in the country.

According to the Botswana Investment and Trade Centre (BITC) Executive Director Export Development and Promotion, Trunklinah Gabonthone, the return on investment is already realised noting that they managed to attract a company which has invested P50 million. Sheetal BW is a company which is in the diamond polishing and cutting industry and has already employed about 68 people.

“Government spent P10 million in the Dubai Expo participation and already the investment that is coming into the country is bigger,” she said. The two additional companies in the diamond polishing and cutting industry, Dianco Diamond and Parishi Diamond Botswana, are currently completing setting up post the Dubai Expo 2020. Both companies are to start operating in September. “We are also in communication with other companies, which have expressed interest in investing in the country.

Editor's Comment
Get back what was stolen, and lock the door

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...

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