Landowners Urged To Lease Plots To Investors

PALAPYE: The Botswana Investment and Trade Centre (BITC) has urged people to stop selling their land but rather form business partnerships with investors who can develop the land to empower them.

Speaking during BITC local outreach workshop held in Palapye recently, BITC property & facilities services manager Thabo Olyn, noted that land is a very rare commodity that should be protected by all and can be used to attract investors for economic diversification.

He said as BITC they do encourage people that have land to register with them freely so that they could assist in leasing the land to developers and investors, an investment that could run for life. “One of our major mandate as BITC is to travel across the globe looking for investors that can boost our economy, however the major challenge that we have with investors is land,” he said.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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