BITC braces for coronavirus

Coronavirus impacting on inflows PIC. MORERI SEJAKGOMO
Coronavirus impacting on inflows PIC. MORERI SEJAKGOMO

The Botswana Investment Trade Centre (BITC), the country’s lead agency for attracting investments and promoting exports, is bracing for impact as the coronavirus sweeps the globe.

Each year, the BITC holds various initiatives to attract investors and promote exports, including a packed diary of inward and outward missions designed to bring investors and local partners together. The BITC also participates in world-level marketing events to promote opportunities in Botswana and expose local businesses to opportunities on the global stage.

In the year ended March 2019, the BITC attracted foreign investment worth P3.2 billion against a target of P1.8 billion, while domestic exports reached P2.6 billion against a target of P2.7 billion. However, with an 18-country travel ban announced last March and various other restrictions placed on regional movements in order to curb the coronavirus, the BITC says it is keeping a close eye on developments.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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