MTI steps up parastatal rationalisation

The Ministry of Trade and Industry (MTI) is stepping up rationalisation of certain parastatals under its portfolio with an independent consultant due to be engaged.

This follows President Mokgweetsi Masisi's March directive to rationalise state-owned enterprises and parastatals.

According to the directive, the Trade and Industry ministry has been directed to restructure the Botswana Development Corporation on non-agricultural sectors based on the approved lending threshold within three months and move it to the National Development Bank within those three months.

Editor's Comment
Keep your mask close

Wearing of masks behind closed doors has been mandatory following the government’s August decision that the public was freed from masking in outdoor spaces.According to a press statement from the ministry, all other remaining COVID-19 protocols such as social distancing in schools and requirements for vaccination or PCR tests at ports of entry have also been relaxed.Statistics still show that hundreds still die daily due to the pandemic around...

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