THE ORIGINS OF SPEDU
SPEDU Timeline
Selebi Phikwe mining town established and the need has been
recognised to diversify the economy away from dependence on mining to
ensure the town’s long term survival.
Selebi-Phikwe Regional Development Programme (SPRDP) was set up
with the aim of diversifying the economy and the programme succeeded in
attracting manufacturing firms, mainly in the clothing and textiles sector, with
fiscal incentives.
A study on the diversification of the economy of Selebi Phikwe was
undertaken for the then Ministry of Finance and Development Planning
resulting in the formation of Selebi Phikwe Economic Diversification Unit (a
Government Unit under the Ministry of Finance Development Planning).
The Unit evolved into a Regional economic development agency with
the expansion of the mandate to the hinterland of Selebi Phikwe specifically to
the area of Bobirwa, Tswapong North and Mmadinare-Sefhophe.
2012
The agency was registered as a company limited by guarantee in the
year 2012, under the name SPEDU, wholly owned by the Government of the
Republic of Botswana.
2015
SPEDU, a Company Limited by Guarantee becomes operational under
the Ministry of Trade and Industry (MITI).
