Mmegi

New Ministry of Finance PS sets off truth bombs

Frank talk: Kganetsano PIC: FINANCE FACEBOOK
Frank talk: Kganetsano PIC: FINANCE FACEBOOK

“The well of diamonds is drying but we continue to consume as if nothing is happening. Are we waiting for the day measures become imposed on us or will we take action now”? The new Finance PS' first public speech was brutally frank and sank a room into silence, writes MBONGENI MGUNI

When Tshokologo Kganetsano speaks, he sounds like the Biblical Noah, exhorting the Israelites to take refuge in the Ark before the flood. The new Finance Ministry Permanent Secretary, however, says he is merely trumpeting a warning. A major threat. And one that he, and his former colleagues at the Bank of Botswana (BoB), have been sounding for years.

The problem doesn't need to be restated and it has been well written about.

Editor's Comment
Ruling party should tread carefully on cadre deployment

But on the particularly sensitive question of cadre deployment, the BNF must tread very carefully.The issue deserves robust debate, not ideological enthusiasm. Recent public comments from the BNF leadership are reassuring: the party has said that government positions should be based on merit and competence rather than party membership, and that it does not have a specific cadre-deployment policy.That principle should remain firmly at the centre...

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