China thrives on the success of state enterprises

China’s economy is the second biggest (after the United States of America), and one of the fastest growing in the world, and it is partly driven by the success of its State-owned enterprises.

So much we can say about the conditions most Government-owned companies in Botswana find themselves in. In recent times, BCL went bust when the Government declared it can no longer sustain it financially. Many other State companies are up for privatisation, a sign that they are failing to stay afloat without a helping hand.