Restrictions may hamper FDI growth � Jefferis

Friday, May 06, 2016

The recent restriction of foreign participation in the Botswana Telecommunications Corporation Limited (BTCL) initial public offering (IPO) is likely to hamper the growth of foreign direct investment (FDI) in the country, a prominent economist has said.

Managing Director of Econsult Botswana, Keith Jefferis noted in an economic review for the first quarter of 2016 that the way in which the privatisation of BTCL was conducted was in conflict with the official privatisation policy.

“We note that the partial privatisation restricted participation to citizens, citizen-owned companies and local asset managers,” he said.

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Restrictions may hamper FDI growth � Jefferis

The recent restriction of foreign participation in the Botswana Telecommunications Corporation Limited (BTCL) initial public offering (IPO) is likely to hamper the growth of foreign direct investment (FDI) in the country, a prominent economist has said.

Disc, license renewal requirements waived amid system failures

This is not reversal born of weakness- Salakae

Batlokwa reject Tlokweng expansion plan

Enough is enough – Kgosi Gaborone

CoA dismisses Meswele convicts' appeal against 40-year imprisonment

‘Insurance killer’ case leaves family in ruins

Serowe police probe Mogorosi tragedy

Man found seriously injured by Letlhakane roadside

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