Botswana urged to move away from tenderpreneurship
Friday, September 11, 2026 | 230 Views |
Urging change: Ramaphoi PIC: MORERI SEJAKGOMO
Speaking at Stanbic Bank’s Thought Leadership Session on Competitiveness in a Challenging Economic Environment, Joel Ramaphoi said the procurement-led growth model that has characterised Botswana’s economy for decades had reached its natural limit.
He said the country’s historical reliance on government spending, largely supported by diamond revenues, had created an economic model that encouraged businesses to depend heavily on public contracts rather than developing products and services for wider markets.
When the State cannot rely on its own machinery to pursue suspected wrongdoing, repairing that machinery must become a national priority.The establishment of a Special Investigations and Asset Recovery Task Force may help government respond to the immediate challenge. However, Botswana cannot afford to leave the Directorate on Corruption and Economic Crime (DCEC) and the Directorate of Public Prosecutions (DPP) struggling whilst building...