New licence regime cripples local traders

No Image

FRANCISTOWN: A Francistown-based business consultant, Kaizer Boatile has lamented that the new trade regime, which came into effect on April 1 has made life tougher for most entrepreneurs. This is Trade Act, 2003 or Act No.5 of 2004.

Speaking to Mmegi BusinessWeek in an interview, Boatile pointed out there is every likelihood that "a good number of Batswana will find themselves out of business".

He was particularly worried about the hiking of fees of a good number of licences, which kept a significant number of locals in business. Most importantly, the business consultant, who operates from the Monarch light industrial site, was worried about the lack of consultation with the stakeholders over the new changes.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

Have a Story? Send Us a tip
arrow up