SPEDU hosts inaugural Market Expo
Wednesday, October 12, 2022 | 920 Views |
The event will be held in collaboration with the Botswana Investment and Trade Centre, Local Enterprise Authority (LEA) and Citizen Entrepreneurship Development Agency. The objective of the expo is to offer an opportunity for exhibitors to showcase their products and produce to potential buyers as well as establish new business contracts and synergies.
The one-day expo is targeting buyers from the private sector, hotel groups, mining companies, distributors, as well as chain and retail stores to appreciate the quality and capacity of SPEDU (Selebi Phikwe Economic Diversification Unit) manufacturers and producers.
According to SPEDU Manager Corporate Communications, Shiellah Moribame-Moakofi, during the expo, attendants will have scheduled Business to Business meetings where agreements could be sealed. Industry stakeholders will come together for networking, discussing business expansion, and exchanging ideas.
“Participants will be updated on the Economic Inclusion Act which is intended to promote the effective participation of targeted citizens in the economic growth and development of the economy as well as enforcement of the economic empowerment initiatives,” she said.
SPEDU region has positioned itself as a competitive destination for investors due to the presence of a regional investment promotion agency that facilitates, amongst others, the reduction of the cost of doing business through incentives as well as ensuring that produced commodities penetrate the markets.
SPEDU is mandated to facilitate and coordinate economic development projects and the regeneration of the SPEDU region.
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...