Batswana deserve a foothold in the finance industry - part 1
Friday, August 30, 2019
It is significant that Kgori Capital seized territory which was, until its arrival, an exclusive reserve of foreign asset managers. The company became the fastest growing asset manager in Botswana and a formidable threat to other managers. The malicious prosecution is in part an attempt to keep the company away from the honeypot kept for foreign firms. Shutting Batswana out of their own economy, by use of malicious prosecution, is completely immoral, and treasonous. And it is high time we address this decade old problem.
Statistics as regard Batswana’s participation in the finance industry are shocking and downright embarrassing. After fifty plus years of independence, Botswana has no indigenous Bank; either commercial or investment. Only recently, did we reluctantly warm up to indigenous asset management firms like Kgori and thereafter the Morula’s of this world.
A network of high-tech cameras is now live, and they will be watching motorists every move behind the wheel. For the safety of everyone on the roads, drivers must take this wake-up call seriously or be prepared to face the consequences. These are not just speed traps. The new detecting devices are sophisticated. They will catch you running a red light, speeding, or driving an unregistered vehicle. They will spot the driver who is not wearing a...