Botswana has not woken from complacency slumber
Friday, September 03, 2021 | 1290 Views |
Growing pains: Manufacturing in Botswana has potential but challenges as well PIC: MORERI SEJAKGOMO
The deal was approved by Cabinet and involved Rwandan firm, Agro Processing Trust Corporation (APTC), a Moroccan company known as OCP Africa as well as the Government of Rwanda. The trio jointly set up a soil fertiliser blending firm in the country to produce, market and distribute fertilisers. Under the deal OCP Africa invested US$6.3 million (about P63 million).
Reports indicate that OCP holds a majority 57.4% stake in the company known as Rwanda Fertiliser Company, while APTC holds 30% and the Government 12.6% respectively. The deal paved way for OCP to partner with the Ministry of Agriculture of Rwanda to address key barriers to the realisation of the country’s agricultural potential, by improving the quality of fertilisers. The new company said it would update soil maps and recommend the type of fertiliser to apply based on scientific data. The project was expected to reduce the price of fertiliser, as well as improve productivity and farmers income.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...