An economy in need of a hope transfusion
Saturday, May 29, 2021
“There is a need to come up with something that can show that indeed, we are clearly moving a certain way. Hope creates confidence and we need that hope.
“Things look very gloomy now. The most important thing is the direction and the path of the economy and right now, it’s not clearly visible where we are heading.”
The Francistown Umbrella Informal Sector chairperson, David Mbulawa, has highlighted this growing concern, revealing that many local traders are using their licences to facilitate the entry of foreign goods into the market at a fee.Fronting undermines the very fabric of our local economy. It allows foreign traders to exploit the system designed to benefit Batswana, using local licences to cross borders and sell goods at prices intended for local...