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Botswana

Tourism Company Plans Bid For Botswana’s National Airline In Privatization Plan

 

Botswana’s largest tourism company, Wilderness Safaris, is planning to make an official offer to purchase the country’s national airline, Air Botswana, with the government looking to privatize the loss-making state-owned enterprise. In February this year the Botswana government put the airline up for tender, publishing an expression of interest invitation in the media in order to attract interested parties who would like to bid, according to the Sunday Standard.

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Botswana Teachers Learn Basic Coding In Preparation For Africa Code Week 2017

By Peter Pedroncelli

In preparation for Africa Code Week 2017, which will take place throughout the continent in October, hundreds of teachers in Botswana have learned basic coding skills. Thanks to a partnership between the Ministry of Basic Education in Botswana and software development group SAP, over 400 teachers within the country now have a basic level understanding of how to code, according to ITNewsAfrica. Launched in 2015, the SAP Africa Code Week will take place for a third time in October, with the aim of empowering 500,000 young African boys and girls with coding skills through playful learning methods that inspire enjoyment and creativity.

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Notes from the field: Takeaways from a business trip to Botswana

by 

Our Africa funds have, for many years, had exposure to Botswana. With very little third-party data and information available, much of our analysis and research is done by visiting the country and speaking to local people. The information that is available is the listed company reports and high-level macroeconomic reports. The gap between these two sets of information is fascinating and highlights why investing based only on the macroeconomic outlook could lead to painful investment results. The author of an economic report was getting excited about the 2016 GDP growth number being revised up to 4.3%, after originally being forecast at 2.7%. However, the management of companies we can invest in, reminded us that they are not experiencing much of this “4.3%” growth, with the operating environment being far softer.

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