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New Ministry of Finance PS sets off truth bombs

Friday, January 24, 2025 | 3470 Views |

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.

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