BITC Advises P7 Billion Wielding Investors To Seek Alternative Land

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In the wake of a dispute between Balete and Malete Land Board over a 2,000 hectares farm, the Botswana Investment and Trade Centre (BITC) has advised the $700 million (P7 billion) wielding investors to seek land elsewhere.

BITC chief executive officer, Meshack Tshekedi said in their endeavour to promote Botswana as an ideal destination for both, domestic and foreign investment, they were approached by a consortium of local and foreign investors with a view to investing in Botswana.

“In line with our standard normal procedure for facilitating investment, the project proposal went through scrutiny and appraisal which subsequently led BITC to engage the Malete Land Board in order to facilitate the investment. While awaiting response from the Land Board, BITC observed that there might be a dispute over the said land, nature of which is unclear,” he said.

Editor's Comment
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This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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