Botswana needs economic transformation � Econsult

Local firms need to be outward looking
Local firms need to be outward looking

Prominent economists in the country believe that although there is no immediate threat to Botswana’s current ‘business model’, a second transformation of the economy is needed.

In a second quarter economic review for 2016 produced by Econsult Botswana, economists Keith Jefferis and Sethunya Sejoe say the country needs a successful second transformation that will change the economic outlook in the coming 50 years.

In order to attain that, the duo suggested that government has to change its approach towards the private sector by facilitating rather than controlling them adding that the private sector must drive productivity growth and look for external markets rather than depend on government contracts.

Editor's Comment
Inspect the voters' roll!

The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...

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