BIDPA study reveals hideous wage disparity
Friday, November 21, 2014
According to a study on export diversification conducting by Professor Roman Grynberg of BIDPA, the high salaries for skilled labour in the non-mining private sector have eaten into the rate of return for investing in Botswana thereby discouraging investments into the sector.
Because of the high-end colossal wages in the products and services, Grynberg says that Botswana has become uncompetitive for the export market throwing spanners in the economic diversification efforts.
It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...