FDI precariously dominated by mining

Kenneth Matambo.PIC: MORERI SEJAKGOMO
Kenneth Matambo.PIC: MORERI SEJAKGOMO

Foreign Direct Investment (FDI) into Botswana is largely channelled towards the mining industry, which has welfare implications for the country due to the sector’s low capacity to generate jobs.

According to the Millennium Development Goals (MDG) 2015 Status Report launched in Gaborone yesterday, FDI is dominated by mining at almost 75 percent share with the finance sector coming a distant second at 17.5 percent.

The retail sector comes in at third with a 2.26 percent share and manufacturing, transport and communication, construction and hospitality contribute less than one percent.

Editor's Comment
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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