SPEDU, BB sign MoU :: Mmegi Online

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.

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