Mmegi

Key oversights, insufficiently addressed issues in Budget Speech

Setting policy: Gaolathe PIC KENNEDY RAMOKONE
Setting policy: Gaolathe PIC KENNEDY RAMOKONE

The 2025/2026 Budget Speech delivered by Botswana’s Minister of Finance, Ndaba Gaolathe, outlines a comprehensive plan aimed at addressing the country’s economic challenges and setting the stage for long-term growth.

The speech highlights several positive developments, including the successful renegotiation of the diamond agreement with De Beers, which is expected to bolster Botswana’s position in the global diamond market.

Additionally, the government’s commitment to diversifying the economy through investments in sectors such as tourism, agriculture, and renewable energy is commendable. The proposed increase in old age pensions and the introduction of a targeted monthly allowance for newborns are also steps in the right direction, reflecting a focus on social welfare and inclusivity.

Editor's Comment
Public servants deserve better than union infighting

‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...

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