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Office of the President (OP)
Vice President - Government supports private investment
06/12/11

Vice  President, Lt. Gen. Mompati Merafhe says Government is committed to providing an enabling environment for the private sector to grow and contribute significantly to Botswana’s socio-economic development.
    
Lt. General Merafhe informed the London-based Barclays Group chairman, Mr. Marcus Agius today that Government was committed to ensuring private sector interest to become engine of growth.
     
The Vice President said though there were negative indications about the future, Government would try and minimize the effect of recession.
    
Lt. General Merafhe also commended Barclays for its long-term commitment to Botswana, including supporting the nation through its Responsibility Banking Strategy.
    
In response, Mr. Agius informed the Vice President about Barclays’ One Africa Strategy.
    
He also commended Botswana for her economic achievements, democracy, political stability and prosperity, adding that it provided a good case for investment.
      
The Barclays Group chairman was accompanied by Mr. Bret Packard, who is the managing director for southern Africa cluster and Mr. Wilfred Mpai, managing director of Barclays Bank Botswana.
    
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