• Where are the ladies?October 7, 2025
    Botswana enjoys athletics success but… NANCY RAMOKHUA RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults editors@thepatriot.co.bw   Questionably for several years now, ladies in athletics have their representation visibly missing at international… Read more: Where are the ladies?
  • FMD surges in SAOctober 6, 2025
    Border villages,Tlokweng on high alert Cattle crossing into SA to be slaughtered Farmers to conduct FMD routine checks   BAKANG TIRO RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults editors@thepatriot.co.bw   Government… Read more: FMD surges in SA
  • Banks report P5.98 billion loan defaultsOctober 6, 2025
    Government’s growing fiscal pressures escalate risks of default in household and business loan repayments   RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults STAFF WRITER editors@thepatriot.co.bw Arrears on loans to the household… Read more: Banks report P5.98 billion loan defaults
  • Botswana Council of Churches calls for peaceOctober 6, 2025
    GORATAONE KGOSIMORE editors@thepatriot.co.bw RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults   Rev. Mmachakga Moruakgomo, representing the Botswana Council of Churches, on August 2025 undertook a diplomatic visit to Ukraine aimed at… Read more: Botswana Council of Churches calls for peace
  • Botswana defends slaughtering elephantsOctober 6, 2025
    Global uproar over killing 21 elephants for Independence festivities KITSO RAMONO editors@patriot.co.bw RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults   The Ministry of Environment and Tourism has confirmed authorising the killing… Read more: Botswana defends slaughtering elephants
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Tuesday, October 7, 2025
The Patriot On Sunday
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result

Rot at BITC

patriot by patriot
November 21, 2020
in Business
0
BITC CEO Keletsositse Olebile

BITC CEO Keletsositse Olebile

When government through Ministry of Investment, Trade and Industry decided to set up a one stop shop in order facilitate and accelerate foreign direct investments by reducing  lengthy bureaucratic procedures and providing investors with a single point of contact for all dealings, little did they know they were opening floodgates for fraud and widespread corruption.

Some employees at Botswana Investment and Trade Centre (BITC) saw the one stop shop as a stepping stone to fraudulently obtain funds from would-be investors who desperately need trading licences, work and residence permits.

RelatedPosts

Banks report P5.98 billion loan defaults

BDC Group revenue surges to P802m

Choppies gross profit hits P1.8 billion

Investigations by this publication has unearthed information on how some employees charged with responsibility to ease setting up of business in Botswana used the opportunity to swindle millions of Pulas from would be investors. In one instance an employee who was heading the one stop shop was recently suspended from work on suspicion of fraud.

It is suspected that over P10 million could have been swindled from would-be investors by some of the employees of BITC.

The employees are said to have found a niche market among the Chinese community where s/he charged them a minimum P50 000 to process their applications for permits. While investigations are continuing to audit the employee’s lifestyle, the officer was recently transferred to the northern office after s/he was caught red handed in a sting operation by the Directorate of Intelligence Service (DIS) operatives, trying to manipulate the BITC system to fast track his clients’ applications.

There are allegations that the officer might have been working in cahoots with some within the investment company and will sing like a canary when s/he appears before the courts of law.

BITC’s Director, Corporate Affairs Kutlo Moagi confirmed that indeed one of their employees was recently suspended on fraud allegations. “The officer was subsequently taken through a disciplinary hearing which resulted in dismissal. The matter was reported to Botswana Police Service for further investigation,” she said, but could not confirm if this was the first case to be registered at BITC.

Sources have revealed that the Directorate on Corruption Economic Crime (DCEC) is currently investigating BITC over allegations that some officers might be involved in fraudulent activities. “Some of the officers when sent on external missions to lure investors here recommend their relatives or close associates to partner with such investors. That’s clear abuse of office,” confided one source.

Contacted for comment DCEC Spokesperson Lentswe Motshaganetsi declined to comment on the issue, saying it borders on operational issues. “Kindly note that the question you have raised borders on operational issues of the DCEC hence I am prohibited by the Corruption and Economic Act from sharing information on such allegations,” he responded.

This is not the first time that BITC, which is the face of Botswana before foreign investors, is embroiled in some scandals that threaten to tarnish the image of the country to the outside world. Early this year Member of Parliament for Gaborone Bonnington South Christian  Greeff asked a question in parliament that recruitment policies at Botswana Investment and Trade Centre (BITC) are flouted willingly as a daughter to one of the board members in one of the parastatals was offered an attachment at BITC under dubious circumstances.

Greeff revealed in Parliament that the said fresh graduate is engaged and compensated at the level of a BITC officer or business analyst despite being on attachment as an intern, which is against all established norms and procedures.

Assistant Minister in the Ministry of Investment, Trade and Industry Karabo Gare in answering the question said that he is not aware of any fragrant flouting of Botswana Investment and Trade Centre (BITC) recruitment policies and called on the MP to forward information to him.

Greeff promised to bring evidence in the next session of Parliament.

Tags: BITC
Previous Post

Kgatleng Council denies Bakgatla tenders

Next Post

Business Botswana to roll out recovery plan

Related Posts

Banks report P5.98 billion loan defaults
Business

Banks report P5.98 billion loan defaults

October 6, 2025
BDC Group revenue surges to P802m
Business

BDC Group revenue surges to P802m

October 6, 2025
Choppies gross profit hits P1.8 billion
Business

Choppies gross profit hits P1.8 billion

October 2, 2025
Tataki mine opens
Business

Tataki mine opens

September 22, 2025
Banks in P90.79 billion household debt
Business

Banks in P90.79 billion household debt

September 13, 2025
𝐇𝐞𝐦𝐩 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚𝐥s roll in
Business

𝐇𝐞𝐦𝐩 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚𝐥s roll in

September 13, 2025
Next Post
Business Botswana to roll out recovery plan

Business Botswana to roll out recovery plan

Please login to join discussion
  • Where are the ladies?October 7, 2025
    Botswana enjoys athletics success but… NANCY RAMOKHUA RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults editors@thepatriot.co.bw   Questionably for several years now, ladies in athletics have their representation visibly missing at international… Read more: Where are the ladies?
  • FMD surges in SAOctober 6, 2025
    Border villages,Tlokweng on high alert Cattle crossing into SA to be slaughtered Farmers to conduct FMD routine checks   BAKANG TIRO RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults editors@thepatriot.co.bw   Government… Read more: FMD surges in SA
  • Banks report P5.98 billion loan defaultsOctober 6, 2025
    Government’s growing fiscal pressures escalate risks of default in household and business loan repayments   RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults STAFF WRITER editors@thepatriot.co.bw Arrears on loans to the household… Read more: Banks report P5.98 billion loan defaults
  • Botswana Council of Churches calls for peaceOctober 6, 2025
    GORATAONE KGOSIMORE editors@thepatriot.co.bw RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults   Rev. Mmachakga Moruakgomo, representing the Botswana Council of Churches, on August 2025 undertook a diplomatic visit to Ukraine aimed at… Read more: Botswana Council of Churches calls for peace
  • Botswana defends slaughtering elephantsOctober 6, 2025
    Global uproar over killing 21 elephants for Independence festivities KITSO RAMONO editors@patriot.co.bw RelatedPosts Where are the ladies? FMD surges in SA Banks report P5.98 billion loan defaults   The Ministry of Environment and Tourism has confirmed authorising the killing… Read more: Botswana defends slaughtering elephants
The Patriot On Sunday

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?