Economy stands at crossroads, economist says
Friday, February 21, 2025 | 230 Views |
Sharing ideas: Mokhurutshe
Speaking during the Access Bank Botswana 2025–2026 budget review last week, Kgori Capital economist, Kitso Mokhurutshe, said the fiscus must be brought to balance without delay, as continued deficits pose a significant risk to economic resilience.
He said budget surpluses are essential to rebuilding fiscal buffers and ensuring the country can withstand future financial shocks, adding that strengthening revenue collection and broadening the tax base are imperative steps toward this goal. He said targeted tax increases on high earners are a welcome development in fostering a more equitable and sustainable fiscal structure.
For decades, the Francistown-Nata road has witnessed countless accidents, many of them fatal. Families have lost loved ones. Businesses have suffered delays while motorists have repeatedly complained about the poor condition of the road.The opening of the new section is therefore welcome news and a reminder that investing in quality infrastructure can save lives.However, while the smooth new surface brings relief, it also comes with greater...