Corruption biggest obstacle to doing business, BITC firms report
Friday, December 09, 2022 | 300 Views |
At the helm: BITC CEO, Keletsositse Olebile has been eager to open markets for local firms’ exports PIC: MORERI SEJAKGOMO
The BITC’s survey was designed to gauge the investment climate for businesses that it supports, in the interests of increasing domestic investment and export earnings, while also promoting Botswana as a place to live, invest and work.
The survey, conducted amongst BITC-assisted and accredited companies, found that the major challenge mentioned by respondents was corruption perceptions, followed by cost of utilities, inefficient government bureaucracy and cost of inputs.
Whilst the project received mixed reactions from members of the public, the project is indeed a welcome development, which needs to be implemented as soon as possible. Many shared their opinion, with those against the project decrying that if implemented, it will kill the already struggling public transport industry.Many countries around the world have state-run public transport, and those who have travelled to such countries will give testimony...