Economists call for �dramatic economic reform�
Friday, May 05, 2017
Jefferis PIC: BOINGOTLO SEITSHIRO
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.
That rare sight deserves heartfelt praise, not only for President Duma Boko and his administration, but also for the Botswana Democratic Party (BDP), the Umbrella for Democratic Change (UDC), the Mogae family, and the entire country.President Boko’s decision to grant a full state funeral to a man who belonged to a rival party was a mark of true statesmanship. He recognised that national leadership carries a weight that belongs to the whole...