Business Botswana's take on the 2020-2021 budget

Partners: The local private sector remains heavily reliant on government for sustenance. Government is now asking it to lead growth and development
Partners: The local private sector remains heavily reliant on government for sustenance. Government is now asking it to lead growth and development

Business Botswana (BB) supports the key tenet of Honourable Thapelo Matsheka’s 2020-2021 Budget Speech which, when all has been said and done, is about the economic transformation of Botswana to high income.

We also affirm that the economic model, which has served us well since the founding of the nation in 1966, needs to change to a private sector driven approach.

It is in that view that we appreciate that the budget seeks to address the economic challenges facing the country during the course of National Development Plan 11 such as macro-economic stability, greater socio economic inclusion and improved quality of public services. These challenges are in turn, to be tackled via four priority areas namely: Promotion of export-led growth, ensuring more efficient government spending and financing, Building Human capital and provision of appropriate infrastructure.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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