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
Gov’t must rectify recognition of Khama as Kgosi

While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....

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