Seretse urges private sector to create more jobs

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FRANCISTOWN: The Minister of Trade and Industry, Vincent Seretse says he is worried by the slow growth of the private sector, which is supposed to be an engine of economic growth and job creation. Speaking at the business community meeting held at Marang Cresta Lodge on Tuesday, the Seretse said he was also concerned with reports of corruption and job layoffs that seemed to besiege the private sector.

“The private sector has a key role to play especially in industrial development and employment creation. Therefore, the effective partnership between the government and private sector is very essential in the implementation of the industrial development and economic diversification,” he said.

Seretse emphasised that the government’s central role is the creation of an enabling policy environment for accelerated industrialisation with a particular focus on tackling the binding constraints of infrastructure, skills development and industry financing.

Editor's Comment
Watch your tongue Mr President

While his leadership has brought about significant progress and development, it is imperative that he exercises greater caution in his choice of words, particularly when addressing sensitive matters.One of the primary concerns is the potential impact of his remarks on Botswana’s relationship with De Beers, the diamond mining giant that plays a crucial role in the nation’s economy.The partnership between Botswana and De Beers has been mutually...

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