Botswana’s New Leader Backs Asset Sales in Investment Drive

Botswana’s New Leader Backs Asset Sales in Investment Drive

GABORONE (Capital Markets in Africa) – Botswana’s new leader wants to shrink the civil service, sell state companies and cut red tape as he targets increased foreign investment. President Mokgweetsi Masisi has identified reducing the southern African nation’s reliance on diamonds and creating jobs for the almost one in five workers who are unemployed as his top priorities since taking office six weeks ago. Private companies will have to take the lead, he said in a May…

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