Gov�t wants investment facilitation law

Khama
Khama

With the goal of attracting more Foreign Direct Investment (FDI), government will come up with a law that will promote and facilitate investment in the country.

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.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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