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Masisi wants fairer debt deals

Speaking out: Masisi addressing a session of the US Africa Leaders Summit on Tuesday PIC: MBONGENI MGUNI
Speaking out: Masisi addressing a session of the US Africa Leaders Summit on Tuesday PIC: MBONGENI MGUNI

WASHINGTON DC: Botswana and Africa need fairer debt deals that do not focus repayments on commodities and punish missed payments, President Mokgweetsi Masisi told an audience at the Brookings Institution in Washington DC, USA on Tuesday.

Masisi, some Cabinet ministers, and senior government officials were in the American capital for the US Africa Leaders Summit called by President Joe Biden involving more than 40 other African heads of state.

Masisi gave a lecture at the Brookings Institution, a non-profit public policy research organisation.


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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