Business / Trade in Botswana
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BOTSWANA, 2016/05/13
The collapse of virtual borders is one of the majority remarkable things to have happened in our lifetimes. In the world of cyberspace, time and distance have become almost peripheral considerations at the same time as it comes to doing business. Services from software development to accounting can be delivered across the world in the blink of an eye. Next business leaders will struggle to imagine an era at the same time as communication was neither immediate nor virtually free.
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INDIA, 2015/11/17
The Indo-African partnership has been rooted in the spirit of the Afro-Asian conference held at Bandung, Indonesia, in 1955. Cemented by a common stand against colonization and racism, today this partnership is at a turning point motored by the stellar economic increase in the two regions and the growing exchange between them. The goal of shared development through cooperation between the two regions is a perspective that is in line with the reduction of world poverty as enshrined in the Sustainable Development Goals.
Understandably, the third edition of the Africa-India Forum Summit generates a lot of interest. The Summit this year was much larger than in previous years, with participation from 54 African nations. Participation in the previous two summits, held in 2008 and 2011, was limited to Regional Economic Communities (RECs) in accord with the Banjul Agreement. The 2015 Summit has given better privilege to bilateral endeavours. That said, the implication of regional actors is an investment of the India-Africa partnership and should continue, in the interest of promoting regional development in Africa. Additionally, regional cooperation provides a platform for opinion building and sharing common positions in international organizations. Meanwhile, keeping the regional dimension alive, the unprecedented levels of participation in the third Summit is an opportunity to be explored. The scale of this Summit provides an occasion to renew and further accelerate the India-Africa partnership.
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ITALY, 2015/09/13
Mistrust has emerged part the East African Community partner states over Tanzania's commitment to the Economic Partnership Agreement that would give the region's goods business-free access to European markets.
Tanzania is likely to delay the signing and ratification of the EPA document on the grounds that it was rushed through. Dar es Salaam has threatened not to sign the transaction before its concerns on contentious issues are addressed. The region has until December 31 to sign the transaction with the European Union or go back to the negotiating table.
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BOTSWANA, 2013/03/10
Trade and Industry Minister said government looks at small and medium enterprises as key to creation of employment, economic diversification and increase. Speaking at the launch of the Lundin Loan Scheme, a partnership between Barclays Bank of Botswana and Karowe Mine on Saturday at Letlhakane, Minister Ms Dorcas Makgato – Malesu said such an initiative contributes positively to economic increase.
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BOTSWANA, 2013/01/12
As a result of the influx of second hand imported cars coming into the country, a lot of second hand car dealerships have been fighting hard to remain competitive. This week the Economist spoke to the Managing Director of Reliance Motors, Shahid Hasiib a local dealer who had to find new ways of surviving in a presently tough market.
"We are not doing too well due to the cheap Botswana car imports. Individuals are buying cars from Botswana and selling them on the road which in turn affects our business."
