Oiling the wheels of trade
Wednesday, September 13, 2023 | 1640 Views |
Charting a path: Mpugwa PIC: KENNEDY RAMOKONE
Petroleum industry veteran and Kwa Nokeng Oil CEO, Mahube Mpugwa, says the citizen-owned company’s ambition is to see Botswana become the region’s most preferred trade and logistics route. In a region where governments are building infrastructure such as roads and bridges to attract more of the trade traffic and investment their way, private investors such as Kwa Nokeng are playing a key role.
Several countries frequently make the claim of being the region’s logistics hub, a coveted status that can be leveraged for investment and the growth of downstream activities.
Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...