Ministry not aggressive in attracting FDI-PAC

Banny Molosiwa
Banny Molosiwa

While Botswana is ranked the number one investor friendly country in the world, the Public Accounts Committee (PAC) is not convinced the Ministry of Trade and Industry is aggressive enough to attract Foreign Direct Investment (FDI).

Assessing the Ministry of Trade and Industry (MTI) on Wednesday, MP for Kgatleng East Isaac Mabiletsa said,  “We can see the efforts but what proof can you show that this is the result of your efforts in bringing FDI into the country”.

MP for Selebi Phikwe West, Gilson Saleshando said although the ministry is trying to bring foreign investors, the country does not have the right assets for competition.

Editor's Comment
Gov't, unions must find common ground

The situation is exacerbated by the ruling party’s admission that some of its most important election promises remain unfulfilled. This is not the change many Batswana had expected. The UDC was elected into power on a strong promise to improve lives, create jobs, protect workers and repair public services. It is therefore, not enough for the party to point only to new ministries, policies and long-term plans. These may be necessary, but...

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