Local Investors urged to look into regional markets

The managing director of Turnstar, Gulaam Abdoola has urged local investors to look for opportunities in Africa, especially the SADC region.

The business magnate said the return on investment from regional markets is very good, compared to the local market. "Why are local investors not servicing Africa while the Europeans, Americans and Chinese do," he wondered. He said that ignoring the African market will be a missed opportunity for Botswana investors.  Botswana is faced with a stagnant investment market due to low population. This has left many investors with no option but to look elsewhere or face doom.

Abdoola noted that Batswana have an upper hand going into Africa as they have strong financial systems in place and support from government. "Batswana have had good systems in place which accords them an opportunity to invest in the region, where return on investment is very good, and better than locally," he stressed.

Editor's Comment
Our digital safety is in our hands

That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...

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