Selibe Phikwe Economic Diversification Unit (SPEDU) has adopted various economic strategies in order to diversify and revive the economy of the region. This was said by SPEDU Chief Executive Officer Mokubung Mokubung on the sidelines of the launch of Selibe Phikwe as the new host of the Toyota 1000 Desert race. Phikwe and the rest of SPEDU region was dealt a heavy blow in 2016 when the BCL mine was closed by the government due to high production costs and lack of profitability. With the mine being the main economic activity in the region residents and businesses were left in the lurch to an extent that some companies closed while people migrated. This has forced SPEDU to come up with some measures to revive the economy of the region. “We have come up with various strategies ,such plan is to obtain maximum value from the economic assets that this region has been blessed with. One that resource is land, beyond being a cultural and spiritual asset, land has an economic value and we are determined to maximize its worth as a financial asset,” said Mokubung. Although they have been blessed with a gift of hosting the Toyota Desert race as…