Parliament endorses Innovation Hub

Parliament has endorsed establishment of the Botswana Innovation Hub (BIH).

Before the adoption of the resolution, the Minister of Finance and Development Planning, Mr Kenneth Matambo, told Parliament that the hub was one of the tools that government has put in place to accelerate economic diversification and growth as well as create more employment opportunities in order to increase productivity.

The role of BIH is to facilitate the growth of the technology service industry in particular the information and communications technology with the aim of making Botswana an exporter of such value added services.

Furthermore, Mr Matambo alluded to the fact that as a landlocked country, exporting services using the telecommunications and date network offered a new opportunity.

Mr Matambo also highlighted that the hub was set up as a strategy to facilitate the countrys transformation into a knowledge economy. The hub will be a place where our locals will gain professional skills, develop entrepreneurship skills, appreciate international quality standards and therefore become the next generation of business professionals ready for the global challenge.

[Extract from story by Masego Pilane, Botswana Daily News]

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