Mmegi

Botswana urged to move away from tenderpreneurship

Urging change: Ramaphoi PIC: MORERI SEJAKGOMO
Urging change: Ramaphoi PIC: MORERI SEJAKGOMO

Botswana must break away from its long-standing dependence on government procurement and tenderpreneurship and build a private sector capable of competing in regional and international markets, the Ministry of Trade and Entrepreneurship Permanent Secretary has said.

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.

Editor's Comment
Commitment by DPP to fight corruption welcome

Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...

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