..As Holdings Again Increases Its Footprint By Setting Up in Botswana
Cavista Holdings officially opened its doors this morning (10.09.24) at an event officiated by His Excellency, The President, Dr. Mokgweetsi Eric Keabetswe Masisi. Cavista Holdings is a leading multi-national company dealing in Technology, Agriculture, Healthcare, Hospitality, and Financial Services sectors in over 40 countries in 4 continents.
The Company has offices in the Philippines, Nigeria, the United States and India whilst also recently setting up offices in Botswana.
In his welcome address, the Chairman of Cavista Holdings, Mr. John Olajide particularly thanked His Excellency, Dr. Mokgweetsi Eric Keabetswe Masisi for his stellar leadership and for seeing the opportunity to approach his company to set up business in Botswana. He thanked the President for taking the time to visit his home and business with his delegation when visiting Dallas, Texas (USA) in 2023.
Olajide highlighted that it was an easy decision to make in setting up in Botswana as there are many positive business attributes, such as high levels of literacy, a thriving economy, sound democracy, security and safety, low corruption and clean running water. These attributes are indicative of a country full of potential and decades ahead. Olajide said he and Cavista are in Botswana for the long haul and has 3 goals in mind when investing in the country and Africa at large and that is to create jobs, jobs and jobs.
For his part, the President Dr. Mokgweetsi Eric Keabetswe Masisi, applauded the Cavista Holdings Chairman, John Olajide for seeing it fit to bring his company to Botswana, for his visionary leadership and commitment to expanding his company operations into the country.
The President went on to say that today’s launch is the celebration of the outcome of several missions undertaken to lure investors into Botswana and today not only marked the start of a journey for Cavista but equally for Botswana. With Cavista paving the way for potential investors to set up business in Botswana.
His Excellency lamented “The decision by Cavista Holdings to expand its global footprint to Botswana is a bold vote of confidence in our country’s stability, business environment, and potential to grow into a leading technology hub in Africa. Our robust infrastructure and political stability show a government that is deeply committed to economic transformation, job creation and global integration.”
The President spoke at length of the value of a shared vision of fostering investment that would lead to economic growth and job creation. He also mentioned the envisioned growth of the technology sector as the country anticipates the creation of thousands of new jobs ranging from software engineering, digital marketing, data science and cyber security. “The presence of Cavista will not only create employment but also provide opportunities for skills development and knowledge transfer to our youth,” said President Masisi.
In his closing remarks, Minister of Trade and Industry, Honorable Mmusi Kgafela thanked Cavista Management for setting up shop in Botswana. “Your decision to invest in Botswana is a testament to the growing recognition of our nation as a strategic hub for innovation and investment,” said Kgafela. The Minister also applauded the President for his tireless efforts in luring investors to Botswana and securing transformative investments inwards.
Kgafela equally applauded the Botswana Investment and Trade Centre (BITC) for playing a pivotal role in supporting His Excellency’s vision to position Botswana as the premier investment destination. Through supporting the Presidents drive and aligning its mandate, the Centre has been able to facilitate Companies like Cavista which has in turn resulted in job creation in the technology space.
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ADL
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