Masama snag delays
Monday, August 26, 2019
This has put the prospects of jobs from the project in doubt, as the new investor in the town, a citrus fruit company, cannot be allowed to draw water from the nearby Letsibogo Dam since it is a high national security feature delivering water to the water-stressed southern Botswana and greater Gaborone areas.
The investor has been described as one of the greatest citrus fruit producers in the world and the company currently operates two of the largest fruit production and packaging plants in the world found in Brazil and South Africa.
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...