Russian tycoon abandons Air Botswana plans?

source: Mmegi
Staff Writer

A Russian billionaire who was reported to be keen in investing in Air Botswana appears to have abandoned the idea. Alexander Lebedev an ex-KGB spy has not communicated with the Botswana government ever since it was announced that he is interested in the national carrier.

Last August, the Ministry of Works and Transport announced that the billionaire was interested in buying a stake in Air Botswana. But so far, he is yet to pitch up for talks with the government.

The Ministry of Works and Transport spokesman, Samuel Mbaiwa who broke the news in August with a sense of optimism sounded more pessimistic yesterday about the investor. “That man never pitched up. He has not communicated. We invited him so we can ask him questions about his [continue reading]

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