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
The State apparatus must be sanitised

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...

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