Financial investment key for posterity

From being an undeveloped, agrarian based economy, Botswana has transformed itself over five decades into a high middle-income country, largely due to diamond revenues well spent.

While Botswana has won accolades for prudently managing its diamond miracle, it is unsatisfactory that after 40 years of mineral-led growth, virtually none of the fiscal revenues derived from mining have been saved in the form of financial assets.

From the P400 billion-plus that has been earned since the financial year 1983/4, insufficient funds have been invested in the form of financial assets, with the government balance sheet currently standing in the negative.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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