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
We salute Kgomo Khumo for a job well done

Stock theft has become rampant and difficult to contain thus keeping the police on their toes as the country is rocked by stock theft cases that are becoming difficult to contain.This form of crime is causing great misery to farmers in Botswana, especially in rural communities that largely depend on agriculture for a living. As stock theft cases escalate, the police say that most of the meat consumed in major towns and villages is from stolen...

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