BoB’s voice in the wilderness hits home
Wednesday, August 09, 2023 | 1800 Views |
Watching the numbers: Pelaelo PIC: PHATSIMO KAPENG
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.
Acting Agriculture Minister, Edwin Dikoloti, is right in saying opening an export-ready facility whilst Foot and Mouth Disease (FMD) is still spreading would risk getting the whole country blacklisted before a single carcass leaves the door.A ban like that would break the already stressed nation. So, the postponement, painful as it is, is the right thing to do. The local economy is being squeezed from both ends. FMD has already slammed the door...