Economists call for �dramatic economic reform�

Jefferis PIC: BOINGOTLO SEITSHIRO
Jefferis PIC: BOINGOTLO SEITSHIRO

Amid the deterioration in business confidence, declining economic growth and rising unemployment in Botswana, economic experts say there is need for ‘dramatic reforms’ to reverse the situation.

These reforms, according to the experts, should be based on opening up the economy, deregulation and streamlining administrative procedures relating to all aspects of doing business in Botswana, for both citizens and foreigners.

A first quarter research for 2017 by economists at Econsult Botswana, Keith Jefferis and Sethunya Sejoe said the necessary reforms to the business environment are wide-ranging and extensive, and will change many of the current processes.  “This is of course the whole point, simple ‘tinkering’ or worse, doing nothing will simply accentuate the process of declining growth and rising unemployment, with obvious implications for social stability,” they said.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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