Botswana has been one of the fastest growing economies in the world since a turn of the century slump, being praised by the African Development Bank for sustaining one of the largest economic booms. As the country looks to diversify its economy from its mineral focus President Mokgweetsi Eric Keabetswe Masisi lays out what his government is doing to ensure investors are welcomed to the country.
"Institutions of higher learning must remind themselves that industries are profit-making entities. Our job is to demonstrate our worth or end up becoming redundant. If we cannot provide the services that the sector requires because they doubt our delivery or standards, they will seek out other institutions of learning. We must, therefore, understand our industries so that we can identify gaps that if filled, will make them more substantial profits. We have identified some issues in the mining industry and come up with solutions.
Our research successes in the mining industry have helped us build great partnerships that further our agenda. Universities must step away from having an entitled attitude when dealing with industry and instead develop their value proposition."