SPEDU, BB sign MoU

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SELEBI-PHIKWE: Botswana’s ‘A grade’ rating by both Standard and Poor, and Moody’s Investors rating agencies can be beneficial in attracting much-needed foreign direct investment and the partnership that SPEDU and Business Botswana have entered into can be used to market the SPEDU region to attract investors.

SPEDU and Business Botswana signed a Memorandum of Understanding to work together to uplift the region and ensure that it becomes prosperous and create wealth. For the past several months the two have been working together to formalise a working relationship. Business Botswana acting chief executive officer Norman Moleele said during the signing ceremony that the private sector’s role has not only been operational in terms of constructive dialogue but have been engaged by government in key development strategies and policy formation.

He added that the private sector has been instrumental in improving the environment of doing business. “With Botswana’s economic landscape changing and being focused more towards diversification it has become even more imperative for the private sector to take the lead.

Editor's Comment
Enough is enough!

On Saturday at around 9am it was reported that an accident claimed the lives of five people who happened to be related. The car they were travelling in is said to have attempted to overtake only to realise that the oncoming car was fast approaching. When the driver tried to get back to his lane, he hit the car he was trying to drive past whilst overtaking.Many quickly took to social media to show sympathy to the victims and also offer their...

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