Gov�t wants investment facilitation law
Thursday, December 08, 2016
Khama
In his state of the nation address on Monday, President Ian Khama revealed that the government is considering the enactment of an investment facilitation law, which will establish an investment code for Botswana.
“The law will stipulate service standards and turnaround times for facilitating investors,” he said. In the past, there have been calls for the government to draw up investor-friendly policies that are aimed at attracting FDI inflows and expanding the country’s economic base.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...