FDI precariously dominated by mining

Wednesday, April 06, 2016

Foreign Direct Investment (FDI) into Botswana is largely channelled towards the mining industry, which has welfare implications for the country due to the sector’s low capacity to generate jobs.

According to the Millennium Development Goals (MDG) 2015 Status Report launched in Gaborone yesterday, FDI is dominated by mining at almost 75 percent share with the finance sector coming a distant second at 17.5 percent.

The retail sector comes in at third with a 2.26 percent share and manufacturing, transport and communication, construction and hospitality contribute less than one percent.

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