Govt urged to speed up business reforms
Friday, March 06, 2015

Morapedi
Speaking at the Botswana National Productivity Centre (BNPC) workshop at Cresta Thapama Hotel recently, senior manager at National Strategy Office (NSO) Mbakiso Morapedi said business regulation and deregulation, as well as their impact on economic development and growth had taken an increasingly high profile in development discussion in recent years.
“Legislation should specify what is unlawful and make every other activity legal, creating more opportunities and room for business operations. There is currently too much licensing in Botswana. Every business activity has to be licensed, limiting the space for business to operate and drive away potential investors,” he said.
High Court Judge, Michael Leburu, said it was a fallacy for the State to say the funds being interest from the funds taken from Seretse and his companies, Khulaco (Pty) Ltd, M & B Properties (Pty) Ltd, belonged to the bank not him to play claim to it.The story presents baffling yet wasteful realities under the previous regime. While litigation by governments is important for upholding the rule of law, ensuring accountability, and fulfilling legal...