Mmegi

SOE reforms’ can kicked further down the road

Transformed: The BTC remains the prime example of the country’s few successful privatisations. However, government still holding the majority shareholding PIC: MORERI SEJAKGOMO
Transformed: The BTC remains the prime example of the country’s few successful privatisations. However, government still holding the majority shareholding PIC: MORERI SEJAKGOMO

Paragraph 87 was probably the most nervy and difficult passage of the Budget Speech for Finance Minister Peggy Serame to pronounce on Monday.

Serame’s address, in its many features, was composed like a jazz song, with a series of highs and lows, well-tuned to low-pitch notes that represent the economic perils the nation faces.

At the beginning, the tempo was allegro and the speech sounded like a revolutionary budget that is going to lift Botswana to record highs amidst global economic perils. The announcement of political party funding to the tune of P34 million, the increase in sport spending and the ramping up of the development budget, were melody to many ears that pricked up to listen to the Finance minister.

Editor's Comment
Ramogapi & Co should clear the Bonno confusion

According to a report elsewhere in this publication, various district councils announced that a one-bedroom home now costs over P130,000 more, a near-unthinkable 32% increase. This isn't just a minor adjustment, but a devastating blow to the dream of affordable home ownership for ordinary citizens.What is most alarming is not just the scale of the increase, but the profound confusion it has exposed. Minister Ramogapi has publicly...

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