Botswana: Government Focuses on Attack Investors – Vice President



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Mmadikola – Vice President Slumber Tsogwane says that the government is focusing on creating an enabling environment to attract investors to diversify the economy.

million. Tsogwane recently addressing the kgotla meeting in his constituency of Boteti West. According to Mr Tsogwane, a small number of investors would not only affect economic diversification, but would also have a negative impact on the growth of industrialization.

"Investors pay taxes, develop the business sector, transfer skills to the local population and even create jobs," he said.

million. Tsogwane said some of the policies in place would be reviewed in consultation with all relevant stakeholders. the community to attract investors.

"Consultation is the main consideration in the governance of President Masisi, and bureaucrat He added that corruption was part of the challenges in the development of the business industry and the diversification of the economy, adding that the Government had joined the negotiating process, and stated that the country had joined the Eastern and Southern Africa Anti-Money Laundering Group (ESAAMLG), which focused on the fight against money laundering. against potential financing and the fight against corruption

"We are against funding or financing by organizations aligned with terrorism," he said.

In addition, Mr. Tsogwane told residents that a member country linked to terrorist transactions would be blacklisted.In the past, community organizations such as trusts and foundations have not been audited, this is why i terrorist organizations It has also been used to distribute funds obtained through corrupt practices, he added.

"As a nation, we must go forward and be up to international standards, so there must be law and order," he said. he said, adding that a responsible public service would improve service delivery and provide an environment conducive to investor confidence.

Mr. Tsogwane pointed out that "we can not stay in isolation and therefore it is vital to get in touch with other nations. "

Source: BOPA

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