16 August 2018

Botswana: BITC Propels Botswana Into Renowned Investment Destination

Gaborone — Botswana Investment and Trade Centre (BITC) continues to propel Botswana into a renowned and globally acclaimed trade and investment destination, says new chief executive officer Mr Keletsositse Olebile.

Speaking during a roundtable discussion in Gaborone on August 15, he said BITC's support to the macro-economic landscape was anchored on positioning Botswana as a destination of choice for investment, accelerating local and foreign investment, facilitating export development and promoting the nation's brand.

Mr Olebile said the organisation had aligned its strategy with the Ministry of Investment, Trade and Industry's Apex Model and national priorities as outlined in Vision 2036 and National Developmental Plan 11.

He outlined BITC's main key result areas as clients participation oriented approach, ensuring high service delivery standards, optimizing and operationalising processes, that BITC would always be defined by the quality of talent it attracted and retained as well as creating an environment that fostered creativity and innovation.

BITC, he said, had a compelling need to continuously raise the country's level of attractiveness to investors and Batswana.

Mr Olebile also said BITC sought to empower local businesses by exposing them to an international spotlight.

To achieve that, he said, at least 22 companies were currently enrolled under the Botswana Exporter Development Programme.

He revealed that the programme had been broadened by affiliation to institutions such as UB to deliver exportation modules for Batswana to penetrate the foreign market.

The BITC management unveiled its five-year strategy focusing on creating and enabling business environment in Botswana covering the agribusiness sector, mining and mineral beneficiation, manufacturing, energy and transport logistics.

He further pointed out that other investment opportunities were in the tourism sector.

Mr Olebile revealed that they had been able to penetrate different markets around the world with different products such as the EU with perfumes, deodorants, Norway with tents, canvas and Hong Kong with semi-precious stones.

He explained they would continue cultivating other markets for other sectors such as ostrich farming which had difficulties before.

BITC, he said, was aligned to global trends and best practices to keep at par "if not ahead of our competitors".

Mr Olebile encouraged Batswana to attend the Global Expo slated for October 30- November 2 under the theme "seizing opportunities through networking with global business leaders".

Source : BOPA

Botswana

To Expropriate With or Without Compensation

The emotive and controversial issue of land ownership in the North East District has once again reared its ugly head… Read more »

See What Everyone is Watching

Copyright © 2018 Botswana Daily News. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.