New wine in an old bottle

Machailo- Ellis
Machailo- Ellis

Several economic analysts have expressed disappointment over the budget speech delivered on Monday, saying while it presents high aspirations and intentions, it omitted the most fundamental issues affecting the economy.

In a statement released on Wednesday, Botswana Confederation of Commerce, Industry and Manpower (BOCCIM) CEO, Maria Machailo-Ellis said the speech did not deal decisively with some transformational issues that continue to impede the business environment and job creation. She stated that her organisation was concerned that while the Minister of Finance and Development Planning, Kenneth Matambo had proclaimed that the private sector was the engine of economic growth, wealth creation and employment, bureaucratic inertia continued to afflict the business environment, and by implication, the economy’s ability to grow and generate employment opportunities.

“We are therefore disappointed by the gulf between proclaiming the private sector as the engine of growth and the impediments that those at the coal ace of business have to contend with regularly,” she said.

Editor's Comment
CoA brings sanity to DIS/DCEC long-standing feud

This decision follows the raiding of the office of the former Director General of the DCEC, Tymon Katlholo early 2022 and his staff officer by the DIS operatives who reportedly took files that they had targeted.After all back and forth arguments, the CoA has set the record straight giving an invaluable lesson to the DIS that it was no super security organ and it does not have any powers to cogently supervise other security organs including the...

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