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Botswana behind in ease of doing business

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Botswana has been challenged to improve easy of doing business for the country to remain competitive amongst its peers.

The Director of Investor Facilitation and Relations at Special Economic Zones Authority’s (SEZA), Neo Mahube recently told delegates at the two- day investment symposium dubbed Doing Business in Botswana, Transitioning Botswana that the country needs to be globally competitive.“The world is growing better than we are, there is something that we are not doing right, despite our political stability and sound economic policies,” said Mahube.

Currently, Botswana lags behind Mauritius, Zambia, Kenya, South Africa on the ease of doing business, according to the latest World Bank’s Ease of Doing Business report. Mahube said bottlenecks that investors and local startups face to register a business should be resolved.

“We need to transform the way we are doing business, if we are to bring businesses to Botswana,” said Mahube, adding that the country needs to be as efficient as possible to start a business, apart from improving credit efficiency.

She however applauded government for legislation amendment initiatives that have already been put in place ahead of the transformation journey. Mahube said through transforming the ease of doing business the country has potential to create employment.

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Market Street day supports local products

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Minister of Investment, Trade and Industry, Bogolo Kenewendo has encouraged citizens to promote and support local products thus contributing to employment creation and economic development.

Speaking during the ministry’s Market Street day on Saturday, the trade minister said the ministry came up with the initiative to expose local products to the national market. “The plan is to keep growing so that we get Batswana products in the shops and get Batswana to know the products in the shops,” said Kenewendo. Market street day was initiated last year as a platform to add on to the continuing efforts to grow local businesses. This year, retail sector, including Shoprite, Choppies and Ackerman’s from South Africa participated in the exhibition.

Kenewendo pointed out that supporting local products helps reduce export of jobs. “Most of Batswana will say they don’t want to buy locally produced goods because they are of low quality, we need to buy from them so that they grow. When we buy products from other countries we are exporting jobs, why should we export jobs?” she asked rhetorically. Economic diversification drive should not be a Government initiative alone, only but all citizens should contribute, she concluded.

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CCBB corrects mislabeling on Fanta Orange cans

Keikantse Lesemela

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Coca Cola Beverages Botswana (CCBB) has taken action to correct labeling errors on the 330ml Fanta Orange cans that are distributed and sold in Botswana.

The Fanta Orange cans were imported from South Africa and relabeled with stickers placed over the primary packaging nutritional value information. CCBB Commercial Director, Richard Muturi said the cans were originally meant for the South African market.

“We acknowledge that the placement of this sticker is an incorrect labeling practice and we have therefore taken urgent remedial action to replace the affected stock with correctly labeled product,” said Muturi. In a statement, the company said the Fanta Orange beverage in cans is safe for human consumption as it was produced following the correct manufacturing and quality processes, including the relevant standards applicable in Botswana.

“CCBB can confirm that the stickers placed on the Fanta Orange cans reflect the nutritional information of the product inside the can,” states the company. Muturi said they are addressing the issue with the urgency it deserves.

“We apologise for any inconvenience or concern this may have caused. We are taking this incident very seriously and working quickly to address the issue and ensure it does not happen again. The issue at hand is merely of an incorrect labelling process having been applied rather than one affecting the quality of the beverage which remains safe,” Muturi explained. CCBB is a subsidiary of Coca-Cola Beverages Africa (CCBA).

CCBA is the eighth largest Coca-Cola bottling partner worldwide by revenue and the biggest on the African continent, accounting for about 40% of all Coca-Cola volumes sold in Africa.

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