Officially opening the new Karowe Diamond Mine here last week, Khama reaffirmed government's desire to continue creating a favourable environment for mines to operate in the country."Over the years Botswana has improved its mining legislation to address investor concerns, by making its mining legislation transparent and predictable. We will continue to review our legislation in a bid to create a conducive environment for the mines to operate in the country," he said.
The improvements in legislation, he also noted, were made with the full knowledge of the cycle of patterns that are largely influenced by the global economic activity. Where there are justifiable reasons, the government has accommodated the need of investors by amending procedures relating to setting up a business, he added.Khama also said government is committed to providing high level security for diamonds in the country in a bid to prevent illegal dealings in the precious stones.
