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BoB’s voice in the wilderness hits home

Watching the numbers: Pelaelo PIC: PHATSIMO KAPENG
Watching the numbers: Pelaelo PIC: PHATSIMO KAPENG

For years, the Bank of Botswana has been warning about fiscal sustainability and the need for urgent reforms such as streamlining subsidies and broadening the tax base. Experts there say with the current level of spending, revenues and government’s savings, any new economic shock would cause a crisis. Staff Writer, MBONGENI MGUNI reports

Each year, the Bank of Botswana (BoB) carefully selects a theme topic for its annual report and for several years, the central bank has hammered home the ever increasing need to change the direction of the country’s economy.

The BoB is government’s economic advisor, an army of the country’s finest economic minds, highly trained in specialised and emerging subjects who spend their time analysing the risks and opportunities facing the country’s books.

Editor's Comment
Child protection needs more than prevailing laws

The rise in defilement and missing persons cases, particularly over the recent festive period, points not merely to a failure of policing, but to a profound and widespread societal crisis. Whilst the Police chief’s plea is rightly directed at parents, the root of this emergency runs deeper, demanding a collective response from every corner of our community. Marathe’s observations paint a picture of neglect with children left alone for...

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