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 Many of these are in the overhauling of redundant, outdated or repressive policies in the business operating environment.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
Commitment by DPP to fight corruption welcome

Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...

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