Mmegi

BETP turns in its six-month report card

Pressing on: Gaolathe was in South Korea last week engaging investors on the BETP. He is due to headline the Botswana Day event at the London Stock Exchange later this month on the same theme PIC PHATSIMO KAPENG.
Pressing on: Gaolathe was in South Korea last week engaging investors on the BETP. He is due to headline the Botswana Day event at the London Stock Exchange later this month on the same theme PIC PHATSIMO KAPENG.

Six months into the ten-year BETP, officials are noting positive momentum. Most eyes are on projects, but the early wins are in refined policies such as the introduction of simple basic accounts and an additional clearing window for payments through which P23bn flowed in just three months. MBONGENI MGUNI writes

While holders of capital continue weighing the Botswana Economic Transformation Programme (BETP), the first review of the six-month-old initiative indicates that early wins are being scored, just six months into the initiative. Many of these are in the overhauling of redundant, outdated or repressive policies in the business operating environment.

The BETP is a ten-year, state-supported, largely private sector-led initiative housing more than 180 projects which will require investment of about P514 billion. It is the primary instrument for delivering government’s True North, which is defined as a future that is digitally enabled, export driven, people-centred, economically diversified where every single citizen is empowered, is employed and is fulfilled.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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