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Fairgrounds targeted as Botswana's Wall Street

Lonely Mogara
Lonely Mogara

Fairgrounds has been zoned as a leading financial services centre whose location at the heart of the capital will give investors access to top notch schools, health and entertainment facilities, as well as easy access to the Sir Seretse Khama International Airport (SSKIA) and the country’s major roads.

Special Economic Zones (SEZA) CEO, Lonely Mogara said Fairgrounds is targeted at FinTech investors interested in Business Processing Outsourcing (BPO), Investment Fund Management, International Banking and International Insurance amongst others. “The good thing about Fairgrounds is that it is already established with ready infrastructure and a range of property solutions. All it needs is a facelift. We have completed the Master Planning, Detailed Urban Design Scheme and Cadastral Survey of the SEZ.

We will soon proceed to the Detailed Engineering Designs,” he said. Fairgrounds is also home to leading financial institutions like Botswana Stock Exchange (BSE), Botswana Insurance Holdings Limited (BIHL), Botswana Development Corporation (BDC), Botswana Accountancy College (BAC) and numerous banks’ headquarters.

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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