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Masisi asks private sector to help fight inflation

Reaching out: President Masisi speaking at the 16th edition of the NBC in Francistown
Reaching out: President Masisi speaking at the 16th edition of the NBC in Francistown

 President Mokgweetsi Masisi has implored the private sector to help fight soaring inflation which is trending at 14 year highs. Masisi made the call here this morning when officially opening the 16th edition National Business Conference (NBC), a biennial event backed by Business Botswana.

The event brings together government and business leaders to come up with economic and business reforms to improve Botswana’s competitiveness globally.

The conference started today and will end on Wednesday. This year’s NBC is themed ‘Road Map to High Income – Accelerating Transformation’.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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