SA seeks increased presence of Botswana companies

Speaking at the ministers’ session of the 6th Botswana/South Africa Bi-National Commission (BNC) this week, Lamola indicated that many South African companies and private-sector entities have significant investments in Botswana and would like the same in SA. “We thank the government and people of Botswana for creating opportunities and space for our companies. In the same spirit, increased bilateral trade and investment will go a long way towards enhancing our industrialisation objectives, expanding our economies and strengthening bilateral and regional value chains. Through these efforts, more employment opportunities will become available for our people,” Lamola said.

Lamola also revealed that enormous opportunities also exist in infrastructure development and that South Africa’s development finance institutions, such as the Development Bank of Southern Africa and the Industrial Development Corporation, continue to engage with Batswana partners on exciting and impactful priority projects in transport corridors, water resource management and other areas.